BYD - These Analysts Cut Their Forecasts On Boyd Gaming After Q1 Earnings | Benzinga
Boyd Gaming Corporation (NYSE:BYD) reported worse-than-expected first-quarter earnings on Thursday.
Boyd Gaming posted adjusted earnings of $1.51 per share, missing market estimates of $1.57 per share. The company's quarterly sales came in at $960.521 million versus expectations of $958.741 million, according to data from Benzinga Pro.
Total adjusted EBITDAR was $330.5 million in the first quarter down from $367.1 million in the year-ago quarter.
Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: “After a record 2023, the first quarter of 2024 was a challenging start to ...