Beyond analysts' top -and-bottom-line estimates for Boyd (BYD), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Boyd (BYD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Boyd Gaming's (BYD) second-quarter 2024 results benefit from robust Online segment revenues.
The headline numbers for Boyd (BYD) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Boyd Gaming Corporation (NYSE:BYD ) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants David Strow - Vice President, Corporate Communications Keith Smith - President & Chief Executive Officer Josh Hirsberg - Executive Vice President & Chief Financial Officer Conference Call Participants Steve Wieczynski - Stifel David Katz - Jefferies Joe Greff - JPMorgan Barry Jonas - Truist Carlo Santarelli - Deutsche Bank Jordan Bender - JMP Securities John DeCree - CBRE Brandt Montour - Barclays Dan Politzer - Wells Fargo Chad Beynon - Macquarie David Strow Good afternoon, and welcome to the Boyd Gaming Second Quarter 2024 Earnings Conference Call. My name is David Strow, Vice President of Corporate Communications for Boyd Gaming.
Boyd Gaming (BYD) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.58 per share a year ago.
Boyd (BYD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Boyd Gaming (BYD) invests in property upgrades and renovations across its portfolio to drive long-term growth. However, inflationary pressures are a concern.
Penn Entertainment Inc (NASDAQ: PENN) is up nearly 10% on Thursday following a report that Boyd Gaming Corporation (NYSE: BYD) is interested in buying the sports content and gambling company. Penn stock is still down some 20% versus the start of 2024.
As the EU ponders over imposing tariffs on China's EVs, the stakes are quite high. China needs the EU market amid domestic challenges, while Europe's auto sector relies on Chinese sales and partnerships.
Boyd Gaming (BYD) benefits from organic and inorganic expansion strategies along with its focus on online betting and Las Vegas markets. Yet, high costs and intense competition hinder prospects.