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Boyd: 3Q Earnings Snapshot

·1 min read

LAS VEGAS (AP) _ Boyd Gaming Corp. (BYD) on Monday reported third-quarter earnings of $38.1 million.

The Las Vegas-based company said it had net income of 33 cents per share. Earnings, adjusted for one-time gains and costs, came to 38 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.

The casino operator posted revenue of $652.2 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $609.6 million.

Boyd shares have risen 14% since the beginning of the year. In the final minutes of trading on Monday, shares hit $34.07, a climb of 30% 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