Last quarter Boyd Gaming (BYD) beat estimates by 2 cents per share and it is up again on Tuesday, July 24, 2012.

Expectations

Analysts currently expect Boyd Gaming to come in with earnings of 10 cents per share on revenues of $625.1 million. Analyst estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 11 cents.

Stock Movement

The stock price has been falling recently The share price has fallen 37 cents since July 5, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $1.16 (-14.3%), from $8.11 to $6.95.

Company Fundamental Trends

On the heels of two-straight revenue increases, the company will look to maintain momentum with this earnings announcement. Even before climbing in the first quarter, revenue had increased 9.9% in the fourth quarter of the last fiscal year. Stock Ratings

Analysts think investors should stand pat on Boyd Gaming with 10 of 17 analysts rating it hold. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, the company swung to a profit of $5.9 million (7 cents a share) from a loss of $3.5 million (4 cents) a year earlier, beating analyst estimates. Revenue rose 12.1% to $633.1 million from $564.9 million.

Summary

Reporting Period: 2Q

Date of Release: Tuesday, July 24, 2012 before market open

EPS: 10 cents

Revenue Estimate: $625.1 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)