earnings
confidence high
sentiment neutral
materiality 0.70
Boyd Gaming Q2 2022: revenue flat at $894.5M; adjusted EBITDAR down 8% YoY
BOYD GAMING CORP
2022-Q2 EPS reported
$2.78
revenue$1,755,193,000
- Revenue $894.5M vs $893.6M a year ago; net income $146.8M ($1.33/sh) vs $113.7M ($1.00/sh).
- Adjusted EBITDAR $353.9M vs $385.4M in Q2 2021; adjusted EPS $1.48 vs $1.54.
- Core customer segments grew both YoY and sequentially from Q1 2022.
- Prior-year period benefited from government stimulus and COVID-restriction lifting.
- Total companywide operating margins improved sequentially despite inflation.