Boyd Gaming (BYD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Boyd Gaming, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - Boyd Gaming is expected to report quarterly earnings of $1.66 per share, reflecting a year-over-year increase of +5.1% [3] - Revenues are projected to be $980.73 million, which is an increase of 1.4% from the previous year [3] Estimate Revisions - The consensus EPS estimate has been revised down by 1.34% over the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Boyd is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.57% [11] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8] - Boyd's current Zacks Rank is 3, suggesting a likelihood of beating the consensus EPS estimate [11] Historical Performance - Boyd has consistently beaten consensus EPS estimates, achieving this in the last four quarters [13] - In the last reported quarter, Boyd exceeded expectations by delivering earnings of $1.62 per share against an estimate of $1.52, resulting in a surprise of +6.58% [12] Industry Comparison - Churchill Downs, another player in the gaming industry, is expected to report earnings of $2.94 per share, with a year-over-year change of +1.7% [17] - Churchill Downs has a negative Earnings ESP of -1.28% and a Zacks Rank of 4, making it challenging to predict an earnings beat [18]