公司股息政策 - Boyd Gaming公司宣布将每股季度股息提高至0.17美元，较之前的每股季度股息0.16美元有所增加[1] 公司背景介绍 - Boyd Gaming公司成立于1975年，是一家在10个州经营28家娱乐场所的领先地理多元化运营商，拥有并经营Boyd Interactive在线赌场游戏业务，是FanDuel Group的战略合作伙伴和5%的股权持有者[2]

BYD公司在拉斯维加斯市中心的房地产市场表现 - BYD公司在拉斯维加斯市中心的房地产市场表现良好，但受到施工的影响[1] 投资者需要更广泛的信息基础 - 投资者需要更广泛的信息基础来发现超越传统股票数据来源的Alpha[2] BYD公司在赌场/体育博彩和媒体娱乐领域的股票报告 - BYD公司在赌场/体育博彩和媒体娱乐领域的股票报告中强调管理质量的评估[4] BYD公司展现出超强的管理智慧 - BYD公司通过优秀的资产配置和持续的成功，展现出超强的管理智慧[8][12] BYD公司在AC市场的成功 - BYD公司在AC市场的成功证实了他们在智能资产部署方面的胜利[13] BYD公司与Fan Duel合作 - BYD公司通过与Fan Duel合作，展示了在行业中最聪明的交易之一[20] BYD公司在赌博行业中的金牌标准 - BYD公司在赌博行业中具有金牌标准，具有持续的收入和EBITDA增长，以及对资本部署机会的敏锐眼光[38]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 1-12882 BOYD GAMING CORPORATION (Exact name of registrant as specified in its charter) Nevada 88-0242733 (State or other jurisdiction of (I.R.S. Employer incorporation or ...

Boyd Gaming Corporation (BYD) reported fourth-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate. The top line increased year over year, while the bottom line declined from the prior-year quarter’s figure. Following the announcement, shares of the company moved up 5.1% during the after-hours trading session on Feb 8. Earnings and Revenues In the quarter under review, adjusted earnings per share (EPS) were $1.66, outpacing the Zacks Consensus Estimate of $1.43 by 16.1%. In ...

财务数据和关键指标变化 - 2023年全年收入和EBITDAR创历史新高,为公司连续第三年创下全年收入和EBITDAR纪录 [9] - 2023年第四季度公司整体收入增长3%至9.54亿美元,主要得益于在线业务的增长 [11] - 2023年第四季度EBITDAR略有下降至3.55亿美元,但仍保持在较高水平 [11] 各条业务线数据和关键指标变化 - 拉斯维加斯本地人业务第四季度收入和EBITDAR符合预期,核心客户群体的游戏量增长与第三季度相当 [13] - 市中心拉斯维加斯业务第四季度收入略有增长,EBITDAR与去年同期持平,得益于主街站和弗里蒙特的建设项目完工 [15] - 中西部和南部业务第四季度收入和EBITDAR均有所增长,经营利润率超过38% [19] - 在线业务第四季度收入和EBITDAR增长主要得益于俄亥俄州在2023年初开始提供体育博彩业务 [20] - 管理及其他业务第四季度收入和EBITDAR均有所增长,主要受益于加州北部的天河赌场表现出色 [21] 各个市场数据和关键指标变化 - 拉斯维加斯本地人业务第一季度可能面临较大挑战,因为去年同期创下了历史新高的业绩 [14] - 市中心拉斯维加斯业务在2024年有望实现良好增长,因为建设项目已经完成 [15] - 中西部和南部业务受到1月严冬天气的影响,但最近两周的客户趋势已恢复至第四季度水平 [19] 公司战略和发展方向及行业竞争 - 公司将继续保持资本配置的平衡策略,2024年每季度将回购1亿美元股票,同时保持稳健的资产负债表 [25][36] - 公司计划在2024年继续投资约4亿至4.5亿美元用于维护资本支出和新的增长项目,包括完成宝藏箱赌场的改造项目 [35] - 公司对拉斯维加斯市场的长期发展前景保持乐观,认为该市场的旅游业和经济基础保持强劲 [16][17][18] 管理层对经营环境和未来前景的评论 - 公司管理层对2023年的整体业绩表现感到满意,认为这得益于公司多元化的业务组合和出色的运营管理 [9][22][26][27][28] - 管理层对拉斯维加斯本地人业务的前景保持谨慎态度,但对中西部和南部以及管理及其他业务的前景持乐观态度 [14][19][21] - 管理层认为,尽管面临一些挑战,但公司整体业务保持稳定,并有望在2024年继续保持良好表现 [31][32][33][34] 问答环节重要的提问和回答 问题1 **Steve Wieczynski 提问** 询问公司对2024年各业务板块的预期 [40] **Josh Hirsberg 回答** 对拉斯维加斯本地人、市中心拉斯维加斯和中西部及南部业务的2024年前景进行了说明 [41][42][43][44] 问题2 **Carlo Santarelli 提问** 询问拉斯维加斯本地人业务第一季度的表现是否会与历史季节性有所不同 [54] **Keith Smith 和 Josh Hirsberg 回答** 解释第一季度业绩面临较大挑战的原因,但表示第四季度的客户趋势延续至今 [55][56][57] 问题3 **Joe Greff 提问** 询问新竞争对手Durango开业对公司拉斯维加斯本地人业务的影响 [65] **Keith Smith 回答** 表示目前尚未看到明显的影响,但公司将保持谨慎和密切关注 [66][67]

财务表现 - Boyd Gaming (BYD) 2023年第四季度营收为9.5441亿美元，同比增长3.4% [1] - 每股收益为1.66美元，较去年同期的1.72美元有所下降 [1] - 公司营收超出Zacks Consensus Estimate 3.41%，每股收益也超出预期16.08% [2] 财务健康 - 投资者通常关注公司的财务健康状况，重点关注关键指标 [3] - Boyd在最近一个季度的关键指标表现如下 [5] 业务板块表现 - 在不同业务板块中，Midwest and South Region的营收同比下降19.6%，Las Vegas Locals的营收同比下降2.4% [7], [8] - Food & beverage板块的营收同比增长1.8%，而Other板块的营收同比下降75.9% [10], [11] 股票表现 - 公司的股票在过去一个月中表现为+2.3%，Zacks S&P 500 composite指数为+6.5% [14] - 目前公司股票的Zacks Rank为3 (Hold)，预示着在短期内可能与整体市场表现一致 [15]

Boyd Gaming (BYD) came out with quarterly earnings of $1.66 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.08%. A quarter ago, it was expected that this casino operator would post earnings of $1.44 per share when it actually produced earnings of $1.36, delivering a surprise of -5.56%. Over the last four quarters, the com ...

Boyd Gaming Corporation (BYD) is scheduled to report fourth-quarter 2023 results on Feb 8, 2024, after market close. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 5.6% and declined 8.1% year over year. However, revenues surpassed the Zacks Consensus Estimate by 3.4% and increased 3% on a year-over-year basis. BYD’s earnings outshined the consensus mark thrice in the trailing four quarters and missed once, the average surprise being 6.9%. The Trend in Estimate Re ...

franckreporter Investment briefing With the global risk appetite now showing signs of imminent recovery based on recent market trends, there is potential scope to add beta back into equity portfolios in our estimation. The consumer discretionary sector has led the way along with communications services and utilities so far in Q4 2023 earnings growth for the S&P 500 index. It has posted a 22% YoY growth in earnings from Q4 2022, as reported by FactSet analysis (Figure 1). For those investors with a more aggr ...

Boyd Gaming (BYD) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on February 8, 2024, might help the stock move higher if these key numbers are better than ...