0.11% -0.06

Boyd Gaming Corp. (BYD)

Überblick Nachrichten Preisverlauf Optionskette Financials Warum fällt BYD? Forum Prognose Dividendenhistorie

Warum fällt Boyd Gaming Corp.-Aktie (BYD)?

Wir haben während der Handelssitzung 2024-04-26 einen Rückgang der Aktie Boyd Gaming Corp. (BYD) um 15.44% festgestellt. Obwohl dies auf normale Volatilität oder verschiedene interne und externe Faktoren zurückzuführen sein kann, beachten Sie bitte, dass wir die Situation aktiv beobachten und so schnell wie möglich zeitnahe Updates bereitstellen!

2023-10-25:

Shares of Boyd Gaming Corporation (BYD) dropped by 11.76% from $61.03 to $53.85 in the trading on Wednesday, October 25, 2023. The reason why BYD stock down is due to lower-than-expected third-quarter results

Boyd Gaming reported its third-quarter earnings after the market closed on Tuesday, and while the company's revenue of $903.15 million exceeded Wall Street estimates by approximately $22.5 million, its non-GAAP (adjusted) earnings per share of $1.36 fell short by $0.11 per share.
The negative reaction from investors stemmed from the fact that Boyd Gaming's revenue grew by about 3% year over year in the third quarter, surpassing Wall Street expectations. However, the company experienced a more significant-than-expected increase in operating expenses, which rose by approximately 7.1% year over year to reach $685.29 million. With operating expenses outpacing revenue growth, investors reacted negatively to the earnings report.