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Boyd (BYD) Reports Q1 Earnings: What Key Metrics Have to Say

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For the quarter ended March 2026, Boyd Gaming (BYD - Free Report) reported revenue of $997.36 million, up 0.6% over the same period last year. EPS came in at $1.60, compared to $1.62 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $993.19 million, representing a surprise of +0.42%. The company delivered an EPS surprise of -8.99%, with the consensus EPS estimate being $1.76.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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: $38.53 million versus the four-analyst average estimate of $37.97 million. The reported number represents a year-over-year change of +3.2%.
  • Revenues by Segment- Downtown Las Vegas: $54.94 million compared to the $56.51 million average estimate based on four analysts. The reported number represents a change of -4.1% year over year.
  • Revenues by Segment- Midwest and South: $525.09 billion versus the four-analyst average estimate of $519.46 million. The reported number represents a year-over-year change of +103963.9%.
  • Revenues by Segment- Las Vegas Locals: $217.1 million versus the four-analyst average estimate of $223.02 million. The reported number represents a year-over-year change of -2.6%.
  • Adjusted EBITDAR- Online: $8.36 million compared to the $7.04 million average estimate based on four analysts.
  • Adjusted EBITDAR- Managed & Other: $28.42 million compared to the $27.5 million average estimate based on four analysts.
  • Adjusted EBITDAR- Corporate expense: $-30.86 million versus $-24.68 million estimated by four analysts on average.
  • Adjusted EBITDAR- Downtown Las Vegas: $18.9 million versus the four-analyst average estimate of $20.05 million.
  • Adjusted EBITDAR- Midwest and South: $192.64 million compared to the $186.04 million average estimate based on four analysts.
  • Adjusted EBITDAR- Las Vegas Locals: $99.96 million versus the four-analyst average estimate of $104.99 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 +9.7% 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.

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