earnings
confidence high
sentiment negative
materiality 0.70
Boyd Gaming Q3 revenue up 3% to $903M; net income falls to $1.34 EPS
BOYD GAMING CORP
2023-Q3 EPS reported
$5.16
revenue$2,784,080,000
- Revenue $903.2M, up from $877.3M in Q3 2022.
- Net income $135.2M ($1.34/share) vs $157.0M ($1.46) YoY; adjusted earnings $137.3M ($1.36).
- Total Adjusted EBITDAR $320.8M, down from $337.7M in prior year.
- Core customer strength, strong Sky River and online gaming, but retail customer declines and cost pressures impacted results.
- Returned over $1B to shareholders in last two years via share repurchases and dividends.