Boyd Gaming Q2 revenue up to $967.5M; adjusted EPS flat at $1.58; $200M returned to shareholders

BOYD GAMING CORP

2024-Q2 EPS reported $2.87 revenue$1,928,033,000

Revenue $967.5M (+5.5% YoY) driven by Online segment; net income $139.8M ($1.47/share) vs $192.5M ($1.89) a year ago (prior year had one-time tax benefits).
Total Adjusted EBITDAR $344.2M vs $351.4M; adjusted earnings $150.0M ($1.58/share) flat YoY.
Las Vegas Locals market share grew; opened new land-based casino at Treasure Chest in Louisiana early June.
Nearly $200M returned to shareholders via share repurchases and dividends in Q2.
Property margins approximately 41% in Q2.

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