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Boyd Gaming (BYD)
NYSE:BYD
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.63Last Year’s EPS
1.58Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 10.60%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced sentiment with a strong emphasis on growth in revenue and EBITDA, successful management of adverse conditions, and strategic expansions. However, challenges such as weather impacts, competitive pressures, and temporary property closures were also highlighted.Company Guidance
During the Boyd Gaming First Quarter 2025 Earnings Conference Call, the company provided several key metrics and updates. For the first quarter, Boyd Gaming reported nearly $1 billion in revenues and $338 million in EBITDA, maintaining property-level margins of 40%. In the Las Vegas Locals segment, revenues were consistent with the prior year, while EBITDA declined by less than 4%, predominantly due to competitive pressures at the Orleans. Downtown Las Vegas saw revenue and EBITDA growth, with a notable increase in Hawaiian visitation. In the Midwest & South segment, both revenues and EBITDA grew despite a 28% increase in weather-impacted days and Leap Year effects. The Online segment experienced a near 14% EBITDA growth, bolstered by Boyd Interactive and a 5% equity stake in FanDuel. Boyd Gaming also discussed their development projects, including a $750 million resort in Norfolk and the expansion at Sky River, anticipated to enhance future growth. The company repurchased $328 million in stock and paid $15 million in dividends during the quarter, with a commitment to $100 million in quarterly share repurchases while maintaining a strong balance sheet.Consistent Revenue and EBITDA Growth
Revenues for the first quarter were nearly $1 billion, while EBITDA was $338 million, with property-level margins maintained at 40%.
Midwest & South Segment Performance
Both revenues and EBITDA grew despite a 28% increase in weather-impacted days, with margins even with the prior year.
Online Segment Growth
The Online segment grew EBITDA by nearly 14% year-over-year, driven by stable performance from market-access agreements and strong growth from Boyd Interactive.
Strong Capital Return
During the first quarter, Boyd Gaming repurchased $328 million in stock and paid $15 million in dividends.
Expansion Projects Underway
Multiple expansion projects are underway, including Cadence Crossing Casino and a $750 million resort project in Norfolk, expected to enhance long-term growth.
BYD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BYD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2025 | $66.04 | $68.87 | +4.29% |
Feb 06, 2025 | $78.36 | $77.02 | -1.71% |
Oct 24, 2024 | $64.00 | $69.02 | +7.84% |
Jul 25, 2024 | $58.08 | $60.58 | +4.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Boyd Gaming (BYD) report earnings?
Boyd Gaming (BYD) is schdueled to report earning on Jul 29, 2025, TBA Not Confirmed.
What is Boyd Gaming (BYD) earnings time?
Boyd Gaming (BYD) earnings time is at Jul 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BYD EPS forecast?
BYD EPS forecast for the fiscal quarter 2025 (Q2) is 1.63.