LAS VEGAS (AP) — LAS VEGAS (AP) — Boyd Gaming Corp. (BYD) on Thursday reported second-quarter earnings of $151.5 million.
The Las Vegas-based company said it had net income of $1.84 per share. Earnings, adjusted for non-recurring costs, were $1.87 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.67 per share.
The casino operator posted revenue of $1.03 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $980.3 million.
Boyd shares have increased 13% since the beginning of the year. The stock has climbed 38% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BYD at https://www.zacks.com/ap/BYD