Boyd Gaming Corporation - BYD STOCK NEWS

Boyd Gaming (NYSE: BYD) has announced its upcoming third-quarter 2024 results conference call and webcast, scheduled for October 24, 2024, at 5:00 p.m. Eastern. The company will release its results shortly after 4:00 p.m. Eastern on the same day. Investors can join the call at (800) 836-8184 without a passcode, or access it online at the company's investor relations website. A replay will be available until October 31.

Boyd Gaming, founded in 1975, is a leading geographically diversified operator of 28 gaming entertainment properties across 10 states. The company also manages a tribal casino in northern California and owns Boyd Interactive, an online casino gaming business. Additionally, Boyd Gaming holds a 5% equity stake in FanDuel Group, a prominent sports-betting operator.

Boyd Gaming (NYSE: BYD) has declared a quarterly cash dividend of $0.17 per share, payable on October 15, 2024, to shareholders of record as of September 15, 2024. Boyd Gaming, founded in 1975, is a leading diversified operator of 28 gaming entertainment properties across 10 states. The company also manages a tribal casino in northern California and owns Boyd Interactive, an online casino gaming business. Additionally, Boyd Gaming holds a 5% equity stake in FanDuel Group, a prominent sports-betting operator. The company is known for its experienced leadership team and commitment to providing excellent entertainment experiences and customer service.

Boyd Gaming (NYSE: BYD) reported a solid second-quarter 2024 performance with revenues of $967.5 million, up from $917.0 million in Q2 2023. Net income for the quarter was $139.8 million or $1.47 per share, compared to $192.5 million or $1.89 per share in Q2 2023, which had benefited from one-time tax advantages. Adjusted EBITDAR was $344.2 million, down from $351.4 million last year. Key highlights include improved market conditions in Las Vegas Locals, growth in Downtown Las Vegas, stable performance in Midwest & South, and strong demand for the new land-based casino at Treasure Chest. Additionally, Boyd repurchased $176 million in shares and distributed nearly $24 million in dividends.

Boyd Gaming (NYSE: BYD) will announce its second-quarter 2024 earnings on July 25 at 4:00 p.m. Eastern Time. The company will host a conference call to discuss these results at 5:00 p.m. Eastern on the same day. The call can be accessed via phone at (800) 549-8228 using passcode 89194 or online through Boyd Gaming’s investor relations website. A replay will be available until August 8 by dialing (888) 660-6264 with the same passcode. Boyd Gaming operates 28 gaming properties across 10 states, manages a tribal casino in California, and owns Boyd Interactive. The company also holds a 5% equity stake in FanDuel Group.

Boyd Gaming (NYSE: BYD) has appointed Michael A. Hartmeier to its Board of Directors. Hartmeier brings extensive experience in investment banking, having led lodging, gaming, and leisure investment banking at Barclays and held key positions at Lehman Brothers and Credit Suisse First Boston. Over his 25-year career, he has facilitated over $125 billion in financing and advisory services, particularly for gaming companies. Currently, Hartmeier serves on the Board of DiamondRock Hospitality Company and has prior experience with Full House Resorts. Boyd Gaming operates 28 gaming properties across 10 states, manages a tribal casino in California, and holds a 5% equity stake in FanDuel Group.

Boyd Gaming (NYSE: BYD) has announced an additional $500 million share repurchase authorization, bringing the total remaining repurchase authority to approximately $721 million as of March 31, 2024. The company also declared a quarterly cash dividend of $0.17 per share, payable on July 15, 2024, to shareholders of record as of June 15, 2024. Boyd Gaming, founded in 1975, operates 28 gaming properties in 10 states, manages a tribal casino in northern California, and owns Boyd Interactive, an online casino gaming business.

Boyd Gaming (BYD) reported first-quarter 2024 revenues of $960.5 million, with net income of $136.5 million. Despite challenges from severe winter weather and increased competition, the company maintained strong operating margins. Boyd Gaming continues returning capital to shareholders through share repurchases and dividends. Revenues were slightly lower compared to the previous year, but the company remains confident in its ability to navigate the current environment.

Boyd Gaming (BYD) will host a conference call on April 25, 2024, to discuss its first-quarter 2024 results. The call will be at 5:00 p.m. Eastern, with results reported shortly after 4:00 p.m. Eastern. Investors can join the call online or by phone, with a replay available until May 2.

Boyd Gaming Corporation (BYD) raises quarterly dividend to $0.17 per share, a 6.25% increase from the previous $0.16 per share. The dividend will be paid on April 15, 2024, to shareholders of record on March 15, 2024.