International edition
June 24, 2021

Analysts polled by FactSet Research expected a profit of 10 cents a share

Boyd Gaming's second-quarter profit declines

(US).- Boyd Gaming said that second-quarter earnings fell to us$ 3.38 million, or 4 cents a share, from us$ 12.78 million, or 15 cents a share, in the year-earlier period. Adjusted earnings at the Las Vegas-based gaming company came in at 5 cents a share in the latest quarter.

O

n average, analysts polled by FactSet Research expected a profit of 10 cents a share.

"The lingering effects of the recession have left consumers unusually sensitive to shifts in the economy, and they now react more quickly to economic data and other developments, such as fluctuations in the stock market," said Keith Smith, chief executive officer, in a statement.

He then added: "Although conditions remain uncertain, we believe long-term stabilizing trends are still in place, and that year-over-year growth is achievable by the end of 2010."

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