Churchill Downs Inc expected to post earnings of $1.06 a share - Earnings Preview

Churchill Downs

21/10/2024 23:00

* Churchill Downs Inc  CHDN.OQ   CHDN.O  is expected to show
a
rise in quarterly revenue when it reports  results on October 23
for the period ending September 30 2024
    * The Louisville Kentucky-based  company is expected to
report a
10.3% increase in revenue to $631.425 million from $572.5
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Churchill Downs Inc is
for
earnings of $1.06 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Churchill
Downs
Inc is 166.00​, above​ its last closing price of $138.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  2.71        2.71       1.13      Missed  6.7
 Jan. 1 2024   0.83        0.83       1.13      Beat    16.4
 Dec. 31 2023  0.74        0.74       0.86      Beat    16.4​
 Jan. 1 0001   0.87        0.86       0.87      Beat    1.1
 ​​Jan.        0.91        2.60       2.24      Missed  -13.8
 1 0001                                                 
 Mar. 31 2023  0.91        0.90       0.98      Beat    9.5​
 Jan. 1 0001   0.90        0.83       0.81      Missed  -12.4
 Sep. 30 2022  0.65        0.65       0.81      Beat    24.6
 This summary was machine generated October 21 at 22:00 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)