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Stock impact report

Boyd Gaming slips after earnings miss [Seeking Alpha]

Boyd Gaming Corporation (BYD) 
Last boyd gaming corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NYSE Investor Relations: boydgaming.investorroom.com
Company Research Source: Seeking Alpha
Boyd Gaming slips after earnings missBoyd Gaming (NYSE:BYD) slides in after-hours trading after the company missed estimates on both lines of its Q4 report.The casino company generated a 6.5% increase in revenue to a record $591M. Adjusted EBITDA was up 6.9% to $139M, including $64.5M from the Las Vegas locals segment.CEO update: "Our Nevada operations continued their long-term growth trajectory, with our 11th consecutive quarter of same-store Adjusted EBITDA gains in our Las Vegas Locals segment. Our regional operations showed further improvement, as our Midwest and South segment posted its best performance of the year. And we laid the groundwork for future growth, reaching agreements in December to acquire five properties in the Midwest and Northeast. In all, 2017 was an exceptional year for our Company, as we created significant value for our shareholders and positioned ourselves to continue delivering growth."Looking ahead, Boyd expects full-year adjusted EBITDA of $600M to $620M. Show less Read more
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