Churchill Downs Inc expected to post earnings of $2.60 a share - Earnings Preview

Churchill Downs

25/07/2023 03:05

* Churchill Downs Inc  CHDN.OQ   CHDN.O  is expected to show
a
rise in quarterly revenue when it reports  results on July 26. 
    * The Louisville Kentucky-based  company is expected to
report  a
36.1% increase in revenue to $792.7 million from $582.5 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 $2.60 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $160​, above​ its last closing price of $130.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.91        0.90       0.98      Beat    9.5
 Dec. 31 2023  0.90        0.83       0.73      Missed  -12.4
 Sep. 30 2022  0.65        0.65       0.81      Beat    24.6​
 Jun. 30 2022  1.88        1.90       1.95      Beat    2.6
 ​​Mar.        0.55        0.53       0.62      Beat    15.5
 31 2022                                                
 Dec. 31 2021  0.54        0.55       0.56      Beat    1.3​
 Sep. 30 2021  0.70        0.74       0.79      Beat    6.7
 Jun. 30 2021  1.36        1.30       1.48      Beat    14.3
 This summary was machine generated July 25 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated