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In 2019, the US Census Bureau says the average worker in the parish made ,658. Boyd Gaming’s (NYSE:BYD) third-quarter earnings report was solid, and the company is rewarding investors with a 0 million share repurchase progrintertops red casino loginam. Downtown Las Vegas, seen above, where Boyd Gaming is the dominant operator. The company is buying back stock and an analyst says the shares are undervalued. free casino slots triple diamonds (Image: Lavish Vegas)After the close of US markets Tuesday, the regional casino operator said it earned . desert diamond casino events 30 a share on revenue of 3. 06 million in the September quarter. Analysts expected earnings of . 26 on sales of 9. nearest casino to denver colorado 74 million. On the basis of generally accepted accounting principles (GAAP), the Orleans owner earned .

Key Insights and Expert Analysis

21 a share, below the . riversweeps online casino games 24 a share Wall Street expected. The GAAP miss is perhaps one reason Boyd shares are only modestly higher today. free 21 poker games online But the stock is one of the best this year in the gaming space, surging more than 55 percent. Las Vegas-based Boyd runs 28 gaming venues across 10 states, including 11 in its home city. online casino m platba The operator reported strength across all segments in the July through September period, while noting earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) jumped 42. Doubledown Casino Code Cfci 6 percent to 0. 7 million from 8. 8 million a year earlier. Boyd Buyback Positive SignLike so many of its peers, Boyd suspended its dividend to conserve cash during the early stages of the coronavirus pandemic. Gaming companies are still treading lightly when it comes to shareholder rewards, making Boyd’s buyback announcement all the more important. golden nugget casino 24k

From here we would expect management to distribute excess cash flow back to sharintertops red casino logineholders through a combination of buybacks, which seem to be preferred right now, and dividends,” said Stifel analyst Steven Wieczynski in a note to clients. He rates the Aliante operator a “buy,” with a price target, up from . nearest sportsbook casino Sam S Town Casino Kansas City Hwrw That implies upside of about 35 percent from the Oct. 26 close. The near- to medium-term outlook for Boyd stock is further supported by compelling trends to start the current quarter. miami club casino no deposit bonus code There’s also speculation that Nevada could finally lift its mask mandate at some point in November. “Management’s commentary leads us to believe 4Q21 is already off to an encouraging start, with little change to their customer spend/visitation patterns,” adds Wieczynski. “We believe a lot of the cost saves that have been achieved during COVID-19 should prove permanent, even as certain ‘margin dilutive’ revenues come back online. ”Boyd treasure island resort and casino in minnesota