Company owns and operates 22 gaming properties in eight states

Boyd Gaming shares jumped ahead of earnings

Shares of Boyd Gaming jumped by 6.28% to USD 15.90 on Friday afternoon, ahead of the company's 2015 fourth quarter results.
2016-02-17
Reading time 41 seg
Shares of Boyd Gaming jumped by 6.28% to USD 15.90 on Friday afternoon, ahead of the company's 2015 fourth quarter results.

After the market close last Tuesday, the Las Vegas-based casino entertainment company has been forecast by Wall Street to report earnings of 13 cents per share on revenue of $541.26 million.

During the same period last year, the gaming company posted adjusted break even earnings on revenue of $531.6 million.

Boyd owns and operates 22 gaming properties in eight states, including casinos and hotels.

The primary factors that have impacted the rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks.

The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and expanding profit margins.

As a counter to these strengths, there is a higher debt management risk and a weak operating cash flow.

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