Analysts Await Financials For Boyd Gaming (BYD)
Boyd Gaming Corp. (BYD: 7.39 +2.50%) is expected to release its first quarter 2010 financial results on Tuesday May 4.
Analysts, on average, expect Boyd Gaming to report earnings of $0.08 a share on sales of $409 million. In the previous quarter, the company reported break-even results, matching consensus estimates.
For the full year, analysts expect the company to post an EPS of $0.31 a share. In the year-ago period, the company reported an EPS of $0.38 a share on sales of $435 million.
In other Boyd news, the casino operator is still hopeful that they will be able to buy part or all of 17 properties owned by bankrupt Station Casinos Inc.
The sale could require a commitment of up to $2.4 billion, industry experts say, but spokesman David Strow said “these are not mutually exclusive opportunities”.
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