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Boyd Gaming Corp. Q4 adjusted earnings Inline With Estimates

Boyd Gaming Corp. (BYD) released earnings for fourth quarter that decreased from last year.

The company's bottom line totaled $22.87 million, or $0.20 per share. This compares with $82.07 million, or $0.71 per share, in last year's fourth quarter.

Excluding items, Boyd Gaming Corp. reported adjusted earnings of $36.98 million or $0.32 per share for the period.

Analysts had expected the company to earn $0.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 33.0% to $791.62 million from $595.09 million last year.

Boyd Gaming Corp. earnings at a glance:

-Earnings (Q4): $36.98 Mln. vs. $25.52 Mln. last year.
-EPS (Q4): $0.32 vs. $0.22 last year.
-Analysts Estimate: $0.32
-Revenue (Q4): $791.62 Mln vs. $595.09 Mln last year.

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