Boyd Gaming (NYSE: BYD) reported earnings on Nov. 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Boyd Gaming missed estimates on revenues and missed expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
Boyd Gaming logged revenue of $613.3 million. The 16 analysts polled by S&P Capital IQ expected revenue of $629.7 million on the same basis. GAAP reported sales were 3.9% higher than the prior-year quarter's $590.2 million.

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

EPS details
EPS came in at -$0.11. The 16 earnings estimates compiled by S&P Capital IQ averaged -$0.02 per share. GAAP EPS were -$0.18 for Q3 compared to $0.04 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 47.5%, 180 basis points worse than the prior-year quarter. Operating margin was 7.8%, 410 basis points worse than the prior-year quarter. Net margin was -2.6%, 310 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $588.7 million. On the bottom line, the average EPS estimate is -$0.13.

Next year's average estimate for revenue is $2.46 billion. The average EPS estimate is -$0.10.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 374 members out of 432 rating the stock outperform, and 58 members rating it underperform. Among 108 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 89 give Boyd Gaming a green thumbs-up, and 19 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 $5.99.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.