LAS VEGAS , Oct. 24, 2024 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) today reported financial results for the third quarter ended September 30, 2024. Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: "Our Company continued to produce solid results in the third quarter, as underlying customer trends remained stable.
The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings profiles indicated forward either by Q4 2024 or Q1 2025. The market is still chasing AI, which tends to bury other strong stories.
LAS VEGAS , Oct. 1, 2024 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) announced that the conference call to review the Company's third-quarter 2024 results will take place on Thursday, October 24, 2024, at 5:00 p.m. Eastern. The conference call number is (800) 836-8184.
BYD, one of China's leading electric vehicle manufacturers, is recalling nearly 97,000 of its electric vehicles (EVs) due to a manufacturing defect that poses potential fire hazards. The recall, announced by the State Administration for Market Regulation (SAMR) on Sunday, affects BYD's popular Dolphin and Yuan Plus models.
Morgan Stanley's upgrade of Boyd Gaming to overweight with a 23% upside and a $74 PT is well-timed, driven by strong online revenue gains. BYD's strategic 2020 deal with FLUT for FanDuel access has proven highly beneficial, enhancing its market position and financial stability. Despite some softness in the Las Vegas locals market due to new competition, BYD's overall regional performance and on...
The casino sector offers attractive P/E ratios, with brick-and-mortar casinos presenting solid entry points despite the online gaming craze. Monarch Casino & Resort, Inc. and MGM Resorts International are top picks, undervalued with strong growth potential and prudent management strategies. The US casino industry is projected to grow at a 12% CAGR to 2030, with record visitation and robust regi...
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.