Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________________________ FORM 10-Q ____________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12882 ...

Boyd Gaming Corporation (BYD) reported mixed first-quarter 2024 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. The top and the bottom line declined on a year-over-year basis.During the quarter, the company’s performance was impacted by January's severe winter weather in the Midwest and South and a softer Las Vegas locals market. The combined effect of these challenges fell within the anticipated range, aligning with earlier projections of $20-$25 million in EBITDA ...

Boyd Gaming Corporation (NYSE:BYD) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants David Strow - Vice President, Corporate Communications Keith Smith - President and Chief Executive Officer Josh Hirsberg - Executive Vice President and Chief Financial Officer Conference Call Participants Steve Wieczynski - Stifel Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Barry Jonas - Truist Securities Dan Politzer - Wells Fargo Shaun Kelley - Bank of America Chad Beynon - Macquari ...

For the quarter ended March 2024, Boyd Gaming (BYD) reported revenue of $960.52 million, down 0.4% over the same period last year. EPS came in at $1.51, compared to $1.71 in the year-ago quarter.The reported revenue represents a surprise of +1.40% over the Zacks Consensus Estimate of $947.26 million. With the consensus EPS estimate being $1.57, the EPS surprise was -3.82%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Boyd Gaming (BYD) came out with quarterly earnings of $1.51 per share, missing the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.82%. A quarter ago, it was expected that this casino operator would post earnings of $1.43 per share when it actually produced earnings of $1.66, delivering a surprise of 16.08%.Over the last four quarters, the compa ...

(1) See footnotes at the end of the release for additional information relative to non-GAAP financial measures. 1 Operations Review Exhibit 99.1 During the quarter, our Las Vegas Locals segment faced comparisons to record results in the prior year as well as competitive pressures in the Las Vegas Locals market. The Downtown Las Vegas segment also had challenging year-over-year comparisons as well as reduced pedestrian traffic in downtown Las Vegas. Results in the Midwest & South segment were impacted by sev ...

Analysts on Wall Street project that Boyd Gaming (BYD) will announce quarterly earnings of $1.57 per share in its forthcoming report, representing a decline of 8.2% year over year. Revenues are projected to reach $947.24 million, declining 1.7% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period ...

Boyd Gaming Corporation (BYD) is scheduled to report first-quarter 2024 results on Apr 25. In the last reported quarter, the company delivered an earnings surprise of 16.1%.How Are Estimates Placed?The Zacks Consensus Estimate for first-quarter earnings per share (EPS) is pegged at $1.57, indicating a fall of 8.2% from $1.71 reported in the year-ago quarter.For revenues, the consensus mark is at nearly $0.9 billion. The metric suggests a decline of 1.7% from the year-ago quarter’s figure. Let's take a look ...

Boyd Gaming Corporation (BYD) continues to benefit from robust visitation, new property openings and refurbishment of existing properties. Solid contributions from its Online segment also bode well. However, high costs remain a concern.Growth DriversBYD considers the local market in Las Vegas as a major driver for its portfolios. For 2023, it reported positive customer trends with respect to guest counts, frequency and spending along with growth in the convention business. During 2023, Nevada Tourism witnes ...

4kodiak/iStock Unreleased via Getty Images This monthly article series shows a dashboard with aggregate subsector metrics in Consumer Discretionary. It is also a top-down analysis of sector ETFs like Consumer Discretionary Select Sector SPDR ETF (XLY) and Vanguard Consumer Discretionary Index Fund ETF Shares (NYSEARCA:VCR), whose largest holdings are used to calculate these metrics. Shortcut The next two paragraphs in italic describe the dashboard methodology. They are necessary for new readers to understan ...