Boyd Gaming Exceeds Q4 Revenue Expectations, Advances $750 Million Resort Project in Virginia

Boyd Gaming (BYD) reported a record Q4 revenue of $1.1 billion, exceeding the forecast of $1.02 billion. The company is advancing a $750 million resort project in Virginia and realized significant value from its FanDuel investment, generating nearly $1.8 billion in proceeds. BYD's financial health is strong, with impressive revenue growth, profitability metrics, and favorable valuation metrics. Analyst sentiment remains positive, with a target price of $93.8 and a recommendation score of 2.4.