Back to top

Image: Bigstock

Boyd (BYD) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Read MoreHide Full Article

For the quarter ended December 2025, Boyd Gaming (BYD - Free Report) reported revenue of $1.06 billion, up 2% over the same period last year. EPS came in at $2.21, compared to $1.96 in the year-ago quarter.

The reported revenue represents a surprise of +5.73% over the Zacks Consensus Estimate of $1 billion. With the consensus EPS estimate being $1.88, the EPS surprise was +17.3%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Boyd performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenues by Segment- Managed & Other: $38.69 million versus $37.49 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.3% change.
  • Revenues by Segment- Downtown Las Vegas: $62.97 million compared to the $65.21 million average estimate based on five analysts. The reported number represents a change of -3.9% year over year.
  • Revenues by Segment- Midwest and South: $533.08 million versus $521.91 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +2.8% change.
  • Revenues by Segment- Las Vegas Locals: $227.23 million versus the five-analyst average estimate of $229.55 million. The reported number represents a year-over-year change of -2.1%.
  • Adjusted EBITDAR- Online: $8.17 million versus $5.46 million estimated by five analysts on average.
  • Adjusted EBITDAR- Managed & Other: $28.59 million versus the five-analyst average estimate of $26.1 million.
  • Adjusted EBITDAR- Corporate expense: $-24.7 million versus $-23.86 million estimated by five analysts on average.
  • Adjusted EBITDAR- Downtown Las Vegas: $24.01 million versus the five-analyst average estimate of $26.15 million.
  • Adjusted EBITDAR- Midwest and South: $191.43 million compared to the $190.75 million average estimate based on five analysts.
  • Adjusted EBITDAR- Las Vegas Locals: $109.12 million versus the five-analyst average estimate of $107.59 million.

View all Key Company Metrics for Boyd here>>>

Shares of Boyd have returned -1.5% over the past month versus the Zacks S&P 500 composite's +0.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Boyd Gaming Corporation (BYD) - free report >>

Published in