Boyd Gaming (NYSE: BYD) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Boyd Gaming beat slightly on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP loss per share dropped.

Margins expanded across the board.

Revenue details
Boyd Gaming logged revenue of $606.7 million. The 16 analysts polled by S&P Capital IQ anticipated net sales of $597.2 million on the same basis. GAAP reported sales were 9.9% higher than the prior-year quarter's $551.9 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at -$0.03. The 15 earnings estimates compiled by S&P Capital IQ predicted -$0.01 per share on the same basis. GAAP EPS were -$0.01 for Q4 versus -$0.08 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 37.9%, 160 basis points better than the prior-year quarter. Operating margin was 9.0%, 260 basis points better than the prior-year quarter. Net margin was -0.1%, 120 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $625.3 million. On the bottom line, the average EPS estimate is $0.09.

Next year's average estimate for revenue is $2.48 billion. The average EPS estimate is $0.31.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 385 members out of 443 rating the stock outperform, and 58 members rating it underperform. Among 117 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 102 give Boyd Gaming a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Boyd Gaming is hold, with an average price target of $7.28.

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