Boyd Gaming Corporation (NYSE:BYD) earnings hit Wall Street after the market closed on Wednesday afternoon. The casino operator showed a loss of 4 cents for the three months through March. Revenue for the period, which Boyd gaming records as the first quarter of its fiscal 2014, came in at $708.3 million. The company’s shares were lifted ahead of the earnings release and hit $11.79 before the market closed.
Shares in Boyd Gaming Corporation (NYSE:BYD) have been performing relatively well through the opening months of 2014. The firms’ stock has gained more than 5% so far this year, well ahead of the 1.855 added by the S&P 500 through April 30. That gain comes after years of poor returns, however, making the 2014 increase a silver lining on what has become a very dark cloud.
Since its founding by Will Thomson and Chip Russell in June 2016, the Massif Capital Real Asset Strategy has outperformed all of its real asset benchmarks. Since its inception, the long/short equity fund has returned 9% per annum net, compared to 6% for the Bloomberg Commodity Index, 3% for the 3 MSCI USA Infrastructure index