Boyd Gaming Corp. Q2 Profit Increases, beats estimates

Boyd Gaming Corp. (BYD) announced earnings for its second quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $146.8 million, or $1.33 per share. This compares with $113.7 million, or $1.00 per share, in last year's second quarter.

Excluding items, Boyd Gaming Corp. reported adjusted earnings of $163.5 million or $1.48 per share for the period.

Analysts on average had expected the company to earn $1.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.1% to $894.5 million from $893.6 million last year.

Boyd Gaming Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $146.8 Mln. vs. $113.7 Mln. last year.
-EPS (Q2): $1.33 vs. $1.00 last year.
-Analyst Estimate: $1.38
-Revenue (Q2): $894.5 Mln vs. $893.6 Mln last year.

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