Advertisement
UK markets closed
  • FTSE 100

    8,424.20
    +3.94 (+0.05%)
     
  • FTSE 250

    20,873.33
    +123.43 (+0.59%)
     
  • AIM

    810.71
    +16.69 (+2.10%)
     
  • GBP/EUR

    1.1697
    +0.0020 (+0.17%)
     
  • GBP/USD

    1.2705
    -0.0001 (-0.01%)
     
  • Bitcoin GBP

    53,068.78
    +431.80 (+0.82%)
     
  • CMC Crypto 200

    1,373.98
    +19.56 (+1.44%)
     
  • S&P 500

    5,319.90
    +16.63 (+0.31%)
     
  • DOW

    40,027.00
    +23.41 (+0.06%)
     
  • CRUDE OIL

    79.73
    -0.33 (-0.41%)
     
  • GOLD FUTURES

    2,426.90
    +9.50 (+0.39%)
     
  • NIKKEI 225

    39,069.68
    +282.30 (+0.73%)
     
  • HANG SENG

    19,636.22
    +82.61 (+0.42%)
     
  • DAX

    18,768.96
    +64.54 (+0.35%)
     
  • CAC 40

    8,195.97
    +28.47 (+0.35%)
     

Boyd (BYD) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended December 2022, Boyd Gaming (BYD) reported revenue of $922.92 million, up 4.9% over the same period last year. EPS came in at $1.72, compared to $1.35 in the year-ago quarter.

The reported revenue represents a surprise of +4.52% over the Zacks Consensus Estimate of $882.99 million. With the consensus EPS estimate being $1.45, the EPS surprise was +18.62%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

ADVERTISEMENT

Here is how Boyd performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenues gross-Las Vegas Locals: $240.92 million versus the four-analyst average estimate of $228.82 million. The reported number represents a year-over-year change of +2%.

  • Revenues gross-Downtown Las Vegas: $62.44 million compared to the $54.89 million average estimate based on four analysts. The reported number represents a change of +16.8% year over year.

  • Revenues gross-Midwest and South Region: $619.56 million versus $598.07 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +5% change.

  • Las Vegas Locals-Adjusted EBITDAR: $125.88 million versus $114.89 million estimated by four analysts on average.

  • Corporate expense-Adjusted EBITDAR: -$22.43 million compared to the -$22.08 million average estimate based on four analysts.

  • Midwest and South-Adjusted EBITDAR: $228.82 million versus $226.11 million estimated by four analysts on average.

  • Downtown Las Vegas-Adjusted EBITDAR: $27.83 million versus $20.11 million estimated by four analysts on average.

View all Key Company Metrics for Boyd here>>>

Shares of Boyd have returned +10.9% over the past month versus the Zacks S&P 500 composite's +7.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Boyd Gaming Corporation (BYD) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research