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Boyd: 3Q Earnings Snapshot

LAS VEGAS (AP) _ Boyd Gaming Corp. (BYD) on Thursday reported third-quarter profit of $11.8 million.

On a per-share basis, the Las Vegas-based company said it had profit of 10 cents. Earnings, adjusted for non-recurring costs, came to 23 cents per share.

The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 23 cents per share.

The casino operator posted revenue of $612.2 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $607.6 million.

Boyd shares have declined 16 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $29.61, a climb of roughly 7 percent in the last 12 months.


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