Loading...
•
Jun 30, 2024
Boyd Gaming Q2 2024 Earnings Report
Boyd Gaming delivered a solid performance, meeting expectations, with growth in Downtown Las Vegas and stable performance in Midwest & South operations.
Key Takeaways
Boyd Gaming reported a revenue increase to $967.5 million, up from $917.0 million in the second quarter of 2023, driven by the Online segment. Net income was $139.8 million, or $1.47 per share, compared to $192.5 million, or $1.89 per share, for the year-ago period. Total Adjusted EBITDAR was $344.2 million versus $351.4 million in the second quarter of 2023.
Las Vegas Locals market conditions improved from the first quarter, with market share growth.
Downtown Las Vegas operations showed strong growth.
Midwest & South operations delivered stable performance.
Operating efficiencies were maintained with property margins of nearly 41%.
Revenue by Segment
Forward Guidance
The press release contains forward-looking statements regarding the Company's expectations, goals or intentions regarding future performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...