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Boyd Gaming's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Boyd Gaming (BYD)

Q1 2012 Earnings Call

April 24, 2012 12:00 pm ET

Executives

Josh Hirsberg - Chief Financial officer, Senior Vice President and Treasurer

Keith E. Smith - Chief Executive Officer, President and Director

Paul J. Chakmak - Chief Operating Officer and Executive Vice President

William J. Lerner - Principal

Analysts

Felicia R. Hendrix - Barclays Capital, Research Division

Harry C. Curtis - Nomura Securities Co. Ltd., Research Division

Steven E. Kent - Goldman Sachs Group Inc., Research Division

Mark Strawn - Morgan Stanley, Research Division

Joel H. Simkins - Crédit Suisse AG, Research Division

Carlo Santarelli - Deutsche Bank AG, Research Division

Cameron Philip Sean McKnight - Wells Fargo Securities, LLC, Research Division

Brian D. Egger - Topeka Capital Markets Inc., Research Division

Joseph Greff - JP Morgan Chase & Co, Research Division

Shaun C. Kelley - BofA Merrill Lynch, Research Division

Kevin Coyne - Goldman Sachs Group Inc., Research Division

David Bain - Sterne Agee & Leach Inc., Research Division

Presentation

Operator

Good afternoon, and welcome to the Boyd Gaming First Quarter 2012 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. And I'll now turn the conference over to Mr. Josh Hirsberg. Please go ahead.

Josh Hirsberg

Thank you very much, operator. Good morning, everyone, and welcome to our first quarter earnings conference call. Joining me on the call this morning are Keith Smith, our President and Chief Executive Officer; and Paul Chakmak, our Executive Vice President and Chief Operating Officer.

Our comments today will include statements relating to our estimated future results, including, among others, guidance for the second quarter, the financial outlook for the company, our expansion and development projects and other market, business and property trends that are forward-looking statements within the Private Securities Litigation Reform Act. All forward-looking statements in our comments are as of today's date, and we undertake no obligation to update or revise the forward-looking statements whether as a result of new information, future events or otherwise. Actual results may differ materially from those projected in any forward-looking statements as a result of certain risks and uncertainties, including, but not limited to, those noted in our earnings release, our periodic reports and our other filings with the SEC.

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