earnings
confidence high
sentiment negative
materiality 0.60
Boyd Gaming Q3 revenue falls to $990.5M; adjusted EPS $1.67 vs $1.72 as Las Vegas destination softness weighs
BOYD GAMING CORP
- Revenue $990.5M vs $1.0B in Q3 2025; net income $124.9M, or $1.71 per share, versus $1.4B and $17.81 a year earlier.
- Adjusted EPS $1.67 vs $1.72; Adjusted EBITDAR $319.6M vs $321.8M; prior-year net income included a $1.4B after-tax FanDuel sale gain and $65.1M impairment.
- Midwest & South, southern Nevada locals, Online and Managed operations grew; Las Vegas destination softness primarily hit the Orleans property.
- Returned nearly $180M to shareholders in Q3 through share repurchases and dividends; CEO Keith Smith cited robust free cash flow and a strong balance sheet.