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Boyd Gaming Corp. Q1 adjusted earnings Beat Estimates

Boyd Gaming Corp. (BYD) released a profit for its first quarter that increased from the same period last year.

The company's bottom line totaled $41.40 million, or $0.36 per share. This compares with $35.45 million, or $0.31 per share, in last year's first quarter.

Excluding items, Boyd Gaming Corp. reported adjusted earnings of $45.21 million or $0.39 per share for the period.

Analysts had expected the company to earn $0.35 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.6% to $606.12 million from $610.07 million last year.

Boyd Gaming Corp. earnings at a glance:

-Earnings (Q1): $45.21 Mln. vs. $37.41 Mln. last year.
-EPS (Q1): $0.39 vs. $0.32 last year.
-Analysts Estimate: $0.35
-Revenue (Q1): $606.12 Mln vs. $610.07 Mln last year.

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