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Boyd: Q1 Earnings Snapshot

Boyd: Q1 Earnings Snapshot

By AP News
Published - Apr 25, 2024, 04:46 PM ET
Last Updated - May 27, 2024, 01:07 AM EDT

LAS VEGAS (AP) — LAS VEGAS (AP) — Boyd Gaming Corp. (BYD) on Thursday reported first-quarter net income of $136.5 million.

The Las Vegas-based company said it had profit of $1.40 per share. Earnings, adjusted for non-recurring costs, came to $1.51 per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.

The casino operator posted revenue of $960.5 million in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $947.3 million.

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