Churchill Downs Inc expected to post earnings of $1.67 a share - Earnings Preview

Churchill Downs

21/02/2023 03:01

* Churchill Downs Inc  CHDN.OQ   CHDN.O  is expected to show
a
rise in quarterly revenue when it reports  results on February
22. 
    * The Louisville Kentucky-based  company is expected to
report  a
29.8% increase in revenue to $473.575 million from $364.8
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Churchill Downs Inc
is
for earnings of $1.67 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"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 $274​, above​ its last closing price of $245.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.30        1.30       1.62      Beat    24.6
 Jun. 30 2022  3.76        3.80       3.90      Beat    2.6
 Mar. 31 2022  1.11        1.07       1.23      Beat    15.5​
 Dec. 31 2021  1.08        1.10       1.11      Beat    1.3
 ​​Sep.        1.41        1.47       1.57      Beat    6.7
 30 2021                                                
 Jun. 30 2021  2.72        2.59       2.96      Beat    14.3​
 Mar. 31 2021  0.55        0.65       0.87      Beat    33.8
 Dec. 31 2020  0.27        0.27       0.19      Missed  -30.5
 This summary was machine generated February 21 at 03:01 GMT. 
All figures in US dollars  unless otherwise stated