Earnings To Watch: Boyd Gaming Corp (BYD) Reports Q3 2024 Result

Author's Avatar
22 hours ago
Article's Main Image

Boyd Gaming Corp (BYD, Financial) is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is $912.12 million, and the earnings are expected to come in at $1.41 per share. The full year 2024's revenue is expected to be $3.80 billion and the earnings are expected to be $5.89 per share. More detailed estimate data can be found on the Forecast page.

Boyd Gaming Corp (BYD, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Boyd Gaming Corp (BYD) for the full year 2024 have increased from $3.72 billion to $3.80 billion, and for 2025, the estimates have risen from $3.77 billion to $3.86 billion. Earnings estimates for the full year 2024 have slightly declined from $5.95 per share to $5.89 per share, while for 2025, estimates have improved from $6.69 per share to $6.71 per share.

Boyd Gaming Corp (BYD, Financial) Reported History

In the previous quarter of 2024-06-30, Boyd Gaming Corp's (BYD) actual revenue was $967.51 million, which beat analysts' revenue expectations of $909.07 million by 6.43%. Boyd Gaming Corp's (BYD) actual earnings were $1.47 per share, which missed analysts' earnings expectations of $1.51 per share by -2.65%. After releasing the results, Boyd Gaming Corp (BYD) was up by 4.31% in one day.

1849059275742277632.png

Boyd Gaming Corp (BYD, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 13 analysts, the average target price for Boyd Gaming Corp (BYD) is $71.46 with a high estimate of $78 and a low estimate of $66. The average target implies an upside of 10.97% from the current price of $64.40.

Based on GuruFocus estimates, the estimated GF Value for Boyd Gaming Corp (BYD, Financial) in one year is $75.03, suggesting an upside of 16.51% from the current price of $64.40.

Based on the consensus recommendation from 16 brokerage firms, Boyd Gaming Corp's (BYD, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1849059314208239616.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.