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Why Boyd Gaming Is Jumping 9% Today


Shares of Boyd Gaming (NYSE: BYD) were jumping 9% higher in morning trading on Wednesday after the regional casino operator reported earnings results that beat analyst expectations on the top and bottom lines, even though they were still down sharply from last year.

Boyd reported revenue of almost $210 million, down broadly from the $846 million the casino operator recorded in the second quarter of 2019, but well ahead of Wall Street's consensus forecast of around $168 million.

Image source: Getty Images.

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Source Fool.com

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