earnings
confidence high
sentiment positive
materiality 0.75
Boyd Gaming reports record Q1: revenue $964M, net income $199.7M, adjusted EPS $1.71
BOYD GAMING CORP
2023-Q1 EPS reported
$1.93
revenue$963,966,000
- Revenue $964.0M (+12% YoY); net income $199.7M ($1.93 per share) vs $162.9M ($1.45) year ago.
- Total Adjusted EBITDAR $367.1M (+8.4%); Adjusted Earnings $177.4M ($1.71 per share) vs $157.5M ($1.40).
- Las Vegas Locals and Downtown Las Vegas segments delivered record first-quarter EBITDAR and operating margins.
- Online EBITDAR more than doubled YoY; Sky River Casino performed ahead of expectations.
- CEO Keith Smith notes strong core customer play and non-gaming growth across diversified portfolio.