Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Boyd Falls Most in Decade After Posting Surprise Loss

Oct. 31 (Bloomberg) -- Boyd Gaming Corp., the operator of casinos in eight states, fell the most in more than a decade after reporting an unexpected third-quarter loss and projecting lower profit this period than analysts estimate.

Boyd declined 19 percent to $10.56 at the close in New York. That was the most since Sept. 17, 2001.

Results deteriorated in many markets last month, Chief Executive Officer Keith Smith said in a statement today. The loss, excluding some items, totaled 8 cents a share, Las Vegas-based Boyd said. Analysts expected profit of 1 cent.

Smith cited improvement in October and encouraging signs in Las Vegas and Atlantic City, New Jersey. Still, on a conference call today, company officials projected a loss this quarter of 15 cents to 20 cents a share. Analysts estimate a loss of 4 cents, the average of 16 estimates compiled by Bloomberg.

To contact the reporter on this story: Christopher Palmeri in Los Angeles at

To contact the editor responsible for this story: Anthony Palazzo at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.