BOYD GAMING CORP (BYD) Form 8-K — Oct 22, 2026
Boyd Gaming reported third-quarter 2026 revenues of $990.5 million, down slightly from $1.0 billion a year earlier, with net income of $124.9 million ($1.71 per share). The steep year-ago comparison reflects a $1.4 billion after-tax gain from the FanDuel stake sale, not an operational decline. On an adjusted basis, earnings were $1.67 per share versus $1.72 last year, with Adjusted EBITDAR nearly flat at $319.6 million. The Midwest & South segment grew about 3% adjusted for property closures, while Las Vegas results showed softness in destination business, particularly at the Orleans.
Key figures
- Eps
- 1.71
- Revenue
- 990455000
- Net Income
- 124933000
- Total Debt
- 2700000000
- Revenue Yoy
- -1.4%
- Cash Position
- 297200000
- Adjusted eps
- 1.67
- Adjusted ebitdar
- 319629000
- Adjusted earnings
- 121658000
- Dividend per share
- 0.2
- Year ago net income
- $1.4 billion (included $1.4B after-tax FanDuel sale gain and $65.1M pretax impairment)
- Share repurchases q3
- 164000000
- Adjusted eps prior year
- 1.72
- Adjusted ebitdar prior year
- 321765000
- Total shareholder returns q3
- nearly $180 million
- Repurchase authorization remaining
- 387000000
- Midwest south revenue growth adjusted
- ~3%
- Vegas locals ex orleans suncoast growth
- 3%
AI analysis
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