Yahoo Finance Boyd: Q2 Earnings Snapshot
LAS VEGAS (AP) — LAS VEGAS (AP) — Boyd Gaming Corp. (BYD) on Thursday reported second-quarter profit of $139.8 million.
On a per-share basis, the Las Vegas-based company said it had net income of $1.47. Earnings, adjusted for non-recurring costs, were $1.58 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.47 per share.
The casino operator posted revenue of $967.5 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $905.6 million.
Boyd shares have dropped 6% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $58.72, a decrease of 18% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BYD at https://www.zacks.com/ap/BYD
