What is the Fate of Boyd Gaming Corporation (NYSE:BYD) After Earnings?

Boyd Gaming Corporation (NYSE:BYD) moved up 0% and closed its last trading session at $20.86. This Consumer Discretionary Sector stock currently has the Market Capitalization of 2.35 Billion. The Average Volume for the stock is measured as 1.28 Million. The Stock has a 52-Week High of $21.58 and 52-Week Low of $15.54 following the dates, it touched its 52-Week High on Dec 9, 2016 and 52-Week Low on Feb 24, 2016. Currently, the Return on Assets value for the trailing twelve months is 8.7% with the Return on Equity and Return on Investment of 62.5% and 8.2% respectively. This firm currently has YTD (year to date) performance of 3.42 Percent which is awesome. The Short Ratio for the stock is 6.79.

Boyd Gaming Corporation (NYSE:BYD) Price to Earnings (P/E) ratio is 12.03. EPS or Earning per Share stands at $1.73. The TTM operating margin is 12 percent.

Boyd Gaming Corporation (NYSE:BYD) reports its Earnings on Tue 14 Feb (In 4 Days). The estimated EPS for the current quarter is said to be $0.24. Following Earnings result, share price were DOWN 15 times out of last 28 Qtrs. The stock has added about 18.5% since it reported its last earnings. The Closing price of Boyd Gaming Corporation (NYSE:BYD) at Last Earnings was $17.6 as compared to the previous closing price of $20.86. The Predicted Move on the 7th day after Boyd Gaming Corporation (NYSE:BYD) will release its earnings at about 9%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Boyd Gaming Corporation (NYSE:BYD) beats earnings by 58%, The Stock Missed Earnings  4  times and has met earnings  1 times.

Earnings History:

We will discuss the past Quarters Earnings below:

Boyd Gaming Corporation (NYSE:BYD) reported its previous quarter on 11/01/2016 where it reported the Actual Earnings of $0.14. The Closing price before the company posted its earnings was $17.6. The Stock declined on the very next day of earnings and maintained its stock price at $17 by showing a % change of -3.41 percent from its previous closing price. The Next Day Volume after Earnings was reported as 4.24 Million. On the 7th day After Earnings Report, the stock hit its share price as $17.75 by showing 0.85% increase from the Stock price Before Earnings were reported.

On 08/03/2016, the stock reported the EPS of $0.16 where Analysts were projecting the EPS to be $0.3 showing a difference of $-0.14. Thus Surprise Factor was there with -46.7 percent. Before Earnings Announcement on 08/03/2016, the firm had its stock price of $18.99. And immediately on the next day after earnings announcement, the stock declined -3.11% and closed its trading session at $18.4. On 7th Day after earnings release, Boyd Gaming Corporation (NYSE:BYD) surged to 2.11% from $18.99 to $19.39.

On 04/26/2016, Analysts were suspecting EPS of $0.25/share where Boyd Gaming Corporation (NYSE:BYD) reported its Actual EPS of $0.3. Thus showing a Surprise of 20 percent. The Closing Price of the stock before earnings was $20.62 while on the Next day the stock closed its trading session at $19.61 with a percentage change of -4.9% from the price of 20.62 before Earnings. The Stock Closing Price on the 7th day of earnings was $18.63.

Company Profile:

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. It operates in five segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, Peninsula, and Borgata. The company owns and operates 21 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, and New Jersey. It also owns and operates a travel agency and a captive insurance company that underwrites travel-related insurance in Hawaii; and the Borgata Hotel Casino & Spa in Atlantic City, New Jersey. As of December 31, 2015, it owned and managed 1,243,007 square feet of casino space comprising 29,736 slot machines, 757 table games, and 11,391 hotel rooms. Boyd Gaming Corporation was founded in 1988 and is headquartered in Las Vegas, Nevada.