Churchill Downs Inc expected to post earnings of 74 cents a share - Earnings Preview

Churchill Downs

19/02/2024 22:34

* Churchill Downs Inc  CHDN.OQ   CHDN.O  is expected to show
a
rise in quarterly revenue when it reports  results on February
21 for the period ending December 31 2023
    * The Louisville Kentucky-based  company is expected to
report a
15.3% increase in revenue to $553.679 million from $480.1
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Churchill Downs Inc is
for
earnings of 74 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"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 $143.50​, above​ its last closing price of $118.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.87        0.86       0.87      Beat    1.1
 Jun. 30 2023  2.59        2.60       2.24      Missed  -13.8
 Mar. 31 2023  0.91        0.90       0.98      Beat    9.5​
 Dec. 31 2022  0.90        0.83       0.73      Missed  -12.4
 ​​Sep.        0.65        0.65       0.81      Beat    24.6
 30 2022                                                
 Jun. 30 2022  1.88        1.90       1.95      Beat    2.6​
 Mar. 31 2022  0.55        0.53       0.62      Beat    15.5
 Dec. 31 2021  0.54        0.55       0.56      Beat    1.3
 This summary was machine generated February 19 at 22:34 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)