LAS VEGAS (AP) _ Boyd Gaming Corp. (BYD) on Tuesday reported second-quarter net income of $113.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Las Vegas-based company said it had profit of $1. Earnings, adjusted to extinguish debt, came to $1.54 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share.

The casino operator posted revenue of $893.6 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $781.9 million.

Boyd shares have risen 33% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $56.90, more than doubling in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BYD at https://www.zacks.com/ap/BYD

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News