Boyd Gaming Corp. Q2 adjusted earnings Miss Estimates

(RTTNews) - Boyd Gaming Corp. (BYD) reported a profit for its second quarter that advanced from last year.

The company's earnings totaled $48.48 million, or $0.43 per share. This compares with $38.95 million, or $0.34 per share, in last year's second quarter.

Excluding items, Boyd Gaming Corp. reported adjusted earnings of $52.50 million or $0.46 per share for the period.

Analysts had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 37.2% to $846.13 million from $616.79 million last year.

Boyd Gaming Corp. earnings at a glance:

-Earnings (Q2): $52.50 Mln. vs. $44.03 Mln. last year. -EPS (Q2): $0.46 vs. $0.38 last year. -Analysts Estimate: $0.47 -Revenue (Q2): $846.13 Mln vs. $616.79 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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