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Boyd (BYD) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-04-24 23:05
Core Insights - Boyd Gaming reported revenue of $991.57 million for Q1 2025, a year-over-year increase of 3.2% and an EPS of $1.62, up from $1.51 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] Revenue Performance - Online revenue reached $169.57 million, surpassing the average estimate of $152.20 million, reflecting a year-over-year increase of 16% [4] - Downtown Las Vegas segment generated $57.29 million, exceeding the four-analyst average estimate of $53.91 million, with a year-over-year change of 7% [4] - Midwest and South segment reported $504.59 million, slightly above the average estimate of $502.33 million, with a year-over-year change of 0.8% [4] - Managed & Other segment achieved $37.32 million, exceeding the average estimate of $35.69 million [4] - Las Vegas Locals segment reported $222.80 million, slightly below the average estimate of $225 million, with a year-over-year change of -1.3% [4] Adjusted EBITDAR Performance - Online segment's adjusted EBITDAR was $23.31 million, surpassing the average estimate of $22.06 million [4] - Managed & Other segment's adjusted EBITDAR reached $27.32 million, exceeding the average estimate of $24.82 million [4] - Downtown Las Vegas adjusted EBITDAR was $20.92 million, compared to the average estimate of $18.36 million [4] - Midwest and South adjusted EBITDAR reported at $183.22 million, above the average estimate of $182.16 million [4] - Las Vegas Locals adjusted EBITDAR was $106.55 million, slightly below the average estimate of $107.84 million [4] Stock Performance - Boyd Gaming shares returned -2.8% over the past month, compared to the Zacks S&P 500 composite's -5.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Here's Why DraftKings (DKNG) Gained But Lagged the Market Today
ZACKS· 2025-04-24 22:55
Company Performance - DraftKings (DKNG) ended the latest trading session at $34.18, reflecting a +0.38% adjustment from the previous day's close, while trailing the S&P 500's daily gain of 2.03% [1] - Over the past month, DraftKings shares have decreased by 9.63%, underperforming the Consumer Discretionary sector's loss of 4.94% and the S&P 500's loss of 5.07% [1] Upcoming Earnings - DraftKings is set to disclose its earnings on May 8, 2025, with analysts expecting earnings of $0.18 per share, indicating a year-over-year growth of 160% [2] - The consensus estimate for revenue is projected at $1.45 billion, representing a 23.73% growth compared to the same quarter of the previous year [2] Full Year Projections - For the full year, Zacks Consensus Estimates project earnings of $1.65 per share and revenue of $6.4 billion, reflecting changes of +257.14% and +34.2% respectively from the prior year [3] - Recent changes to analyst estimates for DraftKings indicate a positive outlook for the company's business trends [3] Valuation Metrics - DraftKings currently has a Forward P/E ratio of 20.7, which is a premium compared to the industry's average Forward P/E of 16.52 [5] - The company has a PEG ratio of 0.38, significantly lower than the Gaming industry's average PEG ratio of 1.26 [6] Industry Context - The Gaming industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 153, placing it in the bottom 39% of over 250 industries [6] - The Zacks Industry Rank measures the strength of individual industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]
Why Take-Two Interactive Stock Is Jumping Today
The Motley Fool· 2025-04-24 17:43
Take-Two Interactive (TTWO 4.37%) stock is moving higher Thursday amid bullish trading for the broader market. The company's share price was up 4.3% as of 1:40 p.m. In addition to the bullish stock market backdrop, Take-Two's valuation is being pushed higher by new analyst coverage today. The stock is now up 21% year to date despite substantial sell-offs for the broader market across the stretch. Take-Two stock rises on optimistic analyst coverageBefore the market opened today, BMO Capital Markets published ...
Las Vegas Sands (LVS) Lags Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-23 22:15
Las Vegas Sands (LVS) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.67%. A quarter ago, it was expected that this casino operator would post earnings of $0.60 per share when it actually produced earnings of $0.54, delivering a surprise of -10%. Over the last four quarters, the c ...
Churchill Downs (CHDN) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-23 22:10
Core Viewpoint - Churchill Downs reported quarterly earnings of $1.07 per share, missing the Zacks Consensus Estimate of $1.08 per share, and down from $1.13 per share a year ago, indicating a negative earnings surprise of -0.93% [1] - The company posted revenues of $642.6 million for the quarter, which also fell short of the Zacks Consensus Estimate by 0.68%, but showed an increase from $590.9 million year-over-year [2] Financial Performance - Over the last four quarters, Churchill Downs has surpassed consensus EPS estimates two times [2] - The company has also topped consensus revenue estimates two times in the same period [2] - Year-to-date, Churchill Downs shares have declined approximately 22.9%, compared to a 10.1% decline in the S&P 500 [3] Future Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $3.24 on revenues of $942.99 million, and for the current fiscal year, it is $6.58 on revenues of $2.94 billion [7] Industry Context - The Gaming industry, to which Churchill Downs belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact the stock's performance [5][6]
Lottery.com in Final Stages of 2-Year Turnaround
Globenewswire· 2025-04-23 17:16
Company Launches Aggressive $250 Million Growth StrategyFORT WORTH, Texas, April 23, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) ("Lottery.com" or the "Company") today provides an update on its two-year transformation, marking a new era of financial strength, operational momentum, and strategic expansion. Backed by $250 million in committed funding, fully Nasdaq-compliant, and generating strong market engagement, the Company now embarks on an aggressive buy-and-build strategy aimed at po ...
Netcapital Portfolio Company Acquires Spellbook Studio
Newsfilter· 2025-04-23 12:30
The Infinite Black 2 is available for download using the following link: https://linktr.ee/Zelgor About Zelgor BOSTON, MA, April 23, 2025 (GLOBE NEWSWIRE) -- Netcapital Inc. (NASDAQ:NCPL, NCPLW)) (the "Company"), a digital private capital markets ecosystem, today announced that Netcapital portfolio company, Zelgor, has acquired Spellbook Studio, creators of The Infinite Black & The Infinite Black 2. The Infinite Black franchise is a space combat Massive Multiplayer Online game (MMO) and was one of the first ...
腾讯游戏,大动作!
新华网财经· 2025-04-23 12:25
腾讯游戏大动作 4月22日晚间,SPARK2025腾讯游戏发布会(以下简称"发布会")在线上举行, 公布了46款海内外游戏 的最新动态,含24款游戏新品 。 《影之刃零》 是本届大会"投资篇"的第一个亮相作品。此前,《影之刃零》一度被外界称作继《黑 神话:悟空》后,国产游戏的第二位"大学生"。 资料显示,《影之刃零》是由灵游坊自主研发及发行的动作角色扮演单机游戏。 会上,灵游坊创始人、《影之刃零》制作人梁其伟感谢广大玩家的支持与鼓励,"去年我们在全球 范围举办了6场试玩活动,共计12000名国内外玩家体验了游戏,提供了很多宝贵建议。目前游戏在 紧锣密鼓研发中,我们将于今年公布发售日期。" 投资红利已现 备受业内关注的《王者荣耀世界》以及《影之刃零》也在其中,并官宣了预约/发售日期。 作为腾讯在多人冒险游戏领域的重要布局,《王者荣耀世界》在此次发布会上公布了最新进展,包 括组队BOSS等多人玩法,凸显多人协作特色。 无畏契约系列产品 作为"制作篇"的压轴作品登场。 自2023年7月上线以来,《无畏契约》国服飞速发展,引领潮流射击竞技新风潮,成为年轻人最喜 欢的PC射击游戏之一。在2024年周年庆上,《无畏契约》 ...
Snail, Inc.’s Independent Label Wandering Wizards Acquires Publishing Rights to Whispers of West Grove
Globenewswire· 2025-04-23 12:00
Core Insights - The company, Snail, Inc., has announced the acquisition of publishing rights for the psychological horror game "Whispers of West Grove," developed by NVNT Studios, through its indie publishing arm, Wandering Wizard [1][2] - This acquisition is part of the company's strategy to expand into high-growth gaming genres beyond its flagship content, with a focus on the psychological horror genre, which is projected to grow at a CAGR of over 13% from 2024 to 2030 [2] - "Whispers of West Grove" features immersive gameplay set in a horror environment, emphasizing narrative-driven experiences and innovative mechanics [3][7] Company Strategy - The acquisition reflects the company's commitment to diversifying its revenue streams and enhancing its indie game portfolio [1][2] - The psychological horror genre has shown resilience and strong consumer engagement, making it a strategic focus for the company [2] - The indie division, Wandering Wizard, has experienced significant growth over the past year, contributing to the company's overall publishing strategy [2][8] Game Features - "Whispers of West Grove" includes key gameplay features such as visceral combat, innovative puzzle design, atmospheric environments, a reality-bending mechanic, and a dynamic score [3][7] - The game invites players to navigate a horror-filled asylum, combining environmental storytelling with survival horror elements [3]
Snail, Inc.'s Independent Label Wandering Wizards Acquires Publishing Rights to Whispers of West Grove
Newsfilter· 2025-04-23 12:00
Core Insights - Snail, Inc. has acquired the publishing rights to "Whispers of West Grove," a psychological horror game developed by NVNT Studios, through its indie publishing arm, Wandering Wizard [1][2] - This acquisition aligns with the company's strategy to diversify its revenue streams and expand into high-growth gaming genres beyond its flagship content [2] - The immersive horror games market is projected to grow at a CAGR of over 13% from 2024 to 2030, indicating strong consumer engagement in this genre [2] Company Strategy - The acquisition reflects Snail's commitment to high-growth genres, particularly psychological horror, which has shown resilience in the gaming market [2] - The indie division, Wandering Wizard, has experienced significant growth over the past year, contributing to the company's overall publishing strategy [2] Game Details - "Whispers of West Grove" is set in West Grove Asylum, where players navigate fear and solve puzzles while escaping from a character named Dr. Kade [3] - The game features a blend of environmental storytelling and survival horror, with innovative gameplay mechanics that allow players to reshape the game world [3][7] - Key gameplay features include visceral combat, innovative puzzle design, atmospheric environments, and a dynamic score [7]