Recap: Boyd Gaming Q2 Earnings

Shares of Boyd Gaming BYD were unchaged after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 313.04% year over year to ($0.98), which beat the estimate of ($1.51).

Revenue of $209,859,000 declined by 75.20% from the same period last year, which beat the estimate of $131,920,000.

Guidance

Boyd Gaming hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 28, 2020

Time: 05:00 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/964/35870

Price Action

Company's 52-week high was at $36.22

52-week low: $6.44

Price action over last quarter: Up 25.61%

Company Overview

Boyd Gaming Corp is a regional casino company focused primarily on serving middle income customers. The company operates 16 casinos in Las Vegas, Atlantic City, Illinois, Indiana, Mississippi and Louisiana. Its Las Vegas casinos, which focus primarily on serving Las Vegas residents due to their off-Strip locations, account for approximately 35% of total revenue. Its more upscale 50% owned Borgata casino in Atlantic City generates approximately 30% of consolidated revenue, while casinos in the Midwest and South represent over 30% of revenue.