🔴 BYD is trading 10.26% down today on Q1 EPS miss and Las Vegas weakness

BYD is trading at $80.00 (-10.26%) in pre-market after Q1 earnings results triggered a delayed sell-off due to a bottom-line miss.

• Revenue beat estimates at $997.4 million versus the $991.6 million expected, but adjusted EPS of $1.60 missed the $1.62 YoY figure due to weakness in the Las Vegas Locals segment.
• Positive growth in the Midwest and South was offset by renovation pressures and specific segment declines; management issued Q2 EPS guidance of $1.92 and a full-year target of $7.59.
• The sharp drop reflects a delayed reaction to the April 23 report as investors weigh mixed market futures against the regional performance data.