Churchill Downs Inc expected to post earnings of 86  cents a share - Earnings Preview

Churchill Downs

24/10/2023 03:04

* Churchill Downs Inc  CHDN.OQ   CHDN.O  is expected to show
a
rise in quarterly revenue when it reports  results 
    * The Louisville Kentucky-based  company is expected to
report  a
48.4% increase in revenue to $568.548 million from $383.1
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Churchill Downs Inc
is
for earnings of 86 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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 $146.5​, above​ its last closing price of $110.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.65        0.65       0.81      Beat    24.6
 ​​Jun.        1.88        1.90       1.95      Beat    2.6
 30 2022                                                
 Mar. 31 2022  0.55        0.53       0.62      Beat    15.5​
 Dec. 31 2021  0.54        0.55       0.56      Beat    1.3
 Sep. 30 2021  0.70        0.74       0.79      Beat    6.7
 This summary was machine generated October 24 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated