Boyd Gaming Corporation reports results for the quarter ended September 30 - Earnings Summary

• Boyd Gaming Corporation BYD.N reported quarterly adjusted earnings of $1.67​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.72. The mean expectation of seventeen analysts for the quarter was for earnings of $1.63 per share. Wall Street expected results to range from 86 cents to $1.98 per share.

• Revenue fell 1.4% to $990.46 million from a year ago; analysts expected $1.00 billion.

• Boyd Gaming Corporation's reported EPS for the quarter was $1.71​.

• The company reported quarterly net income of $124.93 million.

• Boyd Gaming Corporation shares had risen by 6.1% this quarter and lost 17.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.7% in the last three months.​

• In the last 30 days, ten analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the casinos & gaming peer group is also "buy"

• Wall Street's median 12-month price target for Boyd Gaming Corporation is $92.00, about 21.4% above its last closing price of $72.27

This summary was machine generated from LSEG data October 22 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)