Boyd Gaming Missed Q2 Estimates, Top Line Down Nearly 1%

July 28, 2011

Boyd Gaming (NYSE:BYD) reported Q2 EPS of $0.01, ex-items, missing consensus estimates of $0.02 per share. Revenues for the quarter fell 0.7% year-over-year to $574.4 million, missing consensus estimates of $577.4 million.Boyd Gaming has a potential upside of 7.3% based on a current price of $9.64 and an average consensus analyst price target of $10.34.Boyd Gaming is currently above its 50-day moving average (MA) of $8.79 and above its 200-day of $9.58.