Boyd Gaming (NYSE:BYD) is gearing up to announce its quarterly earnings on Thursday, 2026-02-05. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Boyd Gaming will report an earnings per share (EPS) of $1.91.

Boyd Gaming bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

The company's EPS beat by $0.13 in the last quarter, leading to a 7.31% drop in the share price on the following day.

Here's a look at Boyd Gaming's past performance and the resulting price change:

Quarter	Q3 2025	Q2 2025	Q1 2025	Q4 2024
EPS Estimate	1.59	1.65	1.52	1.79
EPS Actual	1.72	1.87	1.62	1.96
Price Change %	-7.00	4.00	4.00	-2.00

Boyd Gaming Share Price Analysis

Shares of Boyd Gaming were trading at $83.0 as of February 03. Over the last 52-week period, shares are up 8.05%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Perspectives on Boyd Gaming

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Boyd Gaming.

Analysts have provided Boyd Gaming with 3 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $86.0, suggesting a potential 3.61% upside.

Analyzing Ratings Among Peers

This comparison focuses on the analyst ratings and average 1-year price targets of Churchill Downs, Sportradar Gr and Super Group (SGHC), three major players in the industry, shedding light on their relative performance expectations and market positioning.

• Analysts currently favor an Outperform trajectory for Churchill Downs, with an average 1-year price target of $128.67, suggesting a potential 55.02% upside.
• Analysts currently favor an Buy trajectory for Sportradar Gr, with an average 1-year price target of $31.33, suggesting a potential 62.25% downside.
• Analysts currently favor an Buy trajectory for Super Group (SGHC), with an average 1-year price target of $18.0, suggesting a potential 78.31% downside.

Snapshot: Peer Analysis

The peer analysis summary provides a snapshot of key metrics for Churchill Downs, Sportradar Gr and Super Group (SGHC), illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.

Company	Consensus	Revenue Growth	Gross Profit	Return on Equity
Boyd Gaming	Neutral	4.49%	$488.18M	70.94%
Churchill Downs	Outperform	8.67%	$204.30M	3.67%
Sportradar Gr	Buy	14.45%	$186.71M	2.32%
Super Group (SGHC)	Buy	25.73%	$186M	13.62%

Key Takeaway:

Boyd Gaming ranks in the middle for revenue growth among its peers. It leads in gross profit margin. It is at the top for return on equity.

Discovering Boyd Gaming: A Closer Look

Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.

Financial Insights: Boyd Gaming

Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.

Revenue Growth: Boyd Gaming's remarkable performance in 3 months is evident. As of 30 September, 2025, the company achieved an impressive revenue growth rate of 4.49%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Net Margin: Boyd Gaming's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 143.37%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Boyd Gaming's ROE stands out, surpassing industry averages. With an impressive ROE of 70.94%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Boyd Gaming's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 22.03%, the company showcases efficient use of assets and strong financial health.

Debt Management: With a below-average debt-to-equity ratio of 0.96, Boyd Gaming adopts a prudent financial strategy, indicating a balanced approach to debt management.

To track all earnings releases for Boyd Gaming visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.