Boyd Gaming reported second-quarter revenue of $1.03 billion, flat year over year, and earnings per share of $1.93, up from $1.87 a year ago. Revenue edged past the Zacks Consensus Estimate by 0.58 percent, while EPS beat by 3.76 percent. Among its segments, Midwest and South revenue rose 3.1 percent to $556.89 million, Las Vegas Locals slipped 1.4 percent to $225.9 million, Downtown Las Vegas fell 5.7 percent to $52.11 million, and Managed & Other climbed 13.1 percent to $41.3 million. Adjusted EBITDAR for Midwest and South came in at $208.75 million, Las Vegas Locals at $106.42 million, Downtown Las Vegas at $16.91 million, Managed & Other at $30.69 million, Online at $10.59 million, and Corporate expense was a negative $22.88 million.
Boyd Gaming CorporationBoyd Gaming reported Q2 EPS of $1.93, beating estimates by 3.76%, and revenue slightly above consensus.