Boyd Gaming (BYD) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.67
- Estimate
- $1.62
- Surprise
- +3.0%
- Score at report (before → after)
- 5.9 → 5.8/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Boyd Gaming (BYD) beat the $1.62 estimate with adjusted EPS of $1.67 — a clear 3.0% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.9/10) to Sell at 5.8/10 after the report — the engine's score fell despite the beat.
Coverage in the report window
- Deutsche Bank Adjusts Boyd Gaming Price Target to $96 From $99 — fiscal.ai, 2026-10-23
Where TrendMatrix's rating stands now
TrendMatrix currently rates BYD Sell at 5.8/10.
3 of the last 4 quarters beat the estimate; this quarter's +3.0% surprise compares with a +3.2% four-quarter average.
What supports the rating
- Strong earnings beat streak (3/4)
- Attractive valuation
What argues against it
- Concentration risk — Product: gaming revenues (64.0%)
- Earnings expected to decline ~68% (cyclical peak)
- Sector modifier (Consumer Cyclical): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $72.27
- Price target
- $81.62
- Stop
- $68.35
- Upside to target
- +12.9%
- Reward-to-risk
- 1.3:1
Forward estimates sit below the trailing run-rate (9.5× forward vs 3.1× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-10-23 — shown for context, not personalized investment advice.
BYD at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Resorts & Casinos
- Market cap
- $5.25B
- P/E (fwd)
- 9.5
- P/E (ttm)
- 3.1
- 52-week range
- $65.00–$91.41
- Off 52-week high
- 20.9%
- RSI (14)
- 68
- Volume vs avg
- 1.39×
- Score today
- 5.8/10