The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Boyd Gaming's revenues will grow 3.5% and EPS will remain in the red.
The average estimate for revenue is $627.6 million. On the bottom line, the average EPS estimate is -$0.13.
Last quarter, Boyd Gaming reported revenue of $613.3 million. 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.
Last quarter, non-GAAP EPS came in at -$0.11. GAAP EPS were -$0.18 for Q3 against $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.
For the preceding 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.
The full year's average estimate for revenue is $2.49 billion. The average EPS estimate is -$0.11.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 383 members out of 441 rating the stock outperform, and 58 members rating it underperform. Among 120 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 103 give Boyd Gaming a green thumbs-up, and 17 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.
With hundreds of companies out there vying with Boyd Gaming for shoppers' dollars, strong brands matter, and they can provide growth for even boring, mature companies -- as long as they're the right ones. That's why we've compiled a special report on "3 American Companies Set to Dominate the World." Click here for instant access to this free report.
- Add Boyd Gaming to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.