Boyd Gaming Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 26, 2021 at 04:05 pm EDT
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Boyd Gaming Corporation reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 718.54 million compared to USD 592.89 million a year ago. Revenue was USD 843.06 million compared to USD 652.24 million a year ago. Net income was USD 138.17 million compared to USD 38.12 million a year ago. Basic earnings per share from continuing operations was USD 1.21 compared to USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 1.21 compared to USD 0.33 a year ago.
For the nine months, sales was USD 2,129 million compared to USD 1,341.41 million a year ago. Revenue was USD 2,489.97 million compared to USD 1,542.62 million a year ago. Net income was USD 354.06 million compared to net loss of USD 217.99 million a year ago. Basic earnings per share from continuing operations was USD 3.11 compared to basic loss per share from continuing operations of USD 1.92 a year ago. Diluted earnings per share from continuing operations was USD 3.1 compared to diluted loss per share from continuing operations of USD 1.92 a year ago.
Boyd Gaming Corporation is a gaming company, which operates 28 brick-and-mortar gaming entertainment properties. The Company's segments include Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online. The Las Vegas Locals segment consists of eight casinos, which includes Gold Coast Hotel and Casino; The Orleans Hotel and Casino; Sam's Town Hotel and Gambling Hall; Suncoast Hotel and Casino; Eastside Cannery Casino and Hotel; Aliante Casino + Hotel + Spa; Cannery Casino Hotel, and Jokers Wild. The Downtown Las Vegas segment consists of three properties, which includes California Hotel and Casino, Fremont Hotel & Casino and Main Street Station Hotel and Casino. Its Midwest & South properties consist of four land-based casinos, six dockside riverboat casinos, three racinos and four barge-based casinos that operate in nine states, predominantly in the Midwest and southern United States. The Online segment includes Boyd Interactive and Online Sports Betting.