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Boyd Gaming Corp. Announces Retreat In Q4 Profit

Boyd Gaming Corp. (BYD) released earnings for fourth quarter that declined compared to the same period last year.

The company said its bottom line dropped to $25.60 million, or $0.22 per share. This was lower than $44.29 million, or $0.38 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.27 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.5% to $590.83 million. This was up from $554.82 million last year.

Boyd Gaming Corp. earnings at a glance:

-Earnings (Q4): $25.60 Mln. vs. $44.29 Mln. last year.
-Earnings Decline (Y-o-Y): -42.2%
-EPS (Q4): $0.22 vs. $0.38 last year.
-EPS Decline (Y-o-Y): -42.1%
-Analysts Estimate: $0.27
-Revenue (Q4): $590.83 Mln vs. $554.82 Mln last year.
-Revenue Change (Y-o-Y): 6.5%

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