A Look at Boyd Gaming's Upcoming Earnings Report

Boyd Gaming (NYSE:BYD) is preparing to release its quarterly earnings on Thursday, 2024-10-24. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Boyd Gaming to report an earnings per share (EPS) of $1.38.

The market awaits Boyd Gaming's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Overview of Past Earnings

During the last quarter, the company reported an EPS beat by $0.09, leading to a 4.31% increase in the share price on the subsequent day.

Here's a look at Boyd Gaming's past performance and the resulting price change:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.38

1.49

1.57

1.47

1.47

EPS Actual

1.52

1.58

1.51

1.66

1.36

Price Change %

8.0%

4.0%

-15.0%

2.0%

-12.0%

Market Performance of Boyd Gaming's Stock

Shares of Boyd Gaming were trading at $68.66 as of November 01. Over the last 52-week period, shares are up 18.96%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on Boyd Gaming

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Boyd Gaming.

Analysts have provided Boyd Gaming with 11 ratings, resulting in a consensus rating of Outperform. The average one-year ...