earnings
confidence high
sentiment positive
materiality 0.75
Boyd Gaming Q2 revenue $917M, net income $192.5M; adj. EPS $1.58 up 7% YoY
BOYD GAMING CORP
2023-Q2 EPS reported
$3.81
revenue$1,880,916,000
- Revenue $917.0M (+2.5% YoY); net income $192.5M ($1.89 per share) vs $146.8M ($1.33) in Q2 2022.
- Total Adjusted EBITDAR $351.4M, down slightly from $353.9M; companywide margins remained strong.
- Adjusted earnings $161.3M ($1.58 per share) vs $163.5M ($1.48); adjusted EPS rose 6.8%.
- Growth initiatives cited: online gaming and Sky River Casino; core customer loyalty focus.
- CEO Keith Smith expressed confidence in long-term value creation despite challenging comparisons.