Churchill Downs Inc reports results for the quarter ended in March - Earnings Summary

Churchill Downs

26/04/2023 22:55

* Churchill Downs Inc  CHDN.OQ  reported quarterly adjusted
earnings of $1.96​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of $1.79 per share.
    * Revenue rose 53.7% to $559.50 million from a year ago;
analysts
expected $536.58 million. 
    * Churchill Downs Inc's reported EPS for the quarter was
$4.09​.
    * The mean earnings estimate of analysts had fallen by
about 10.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Churchill Downs Inc shares had fallen by 1.2% this
quarter and
gained 20.1% so far this year.
    * The company reported quarterly net income of $155.7
million.
    * Wall Street's median 12-month price target for Churchill
Downs
Inc is $290.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 09:55 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.79           1.96           Beat
 Dec. 31 2022      1.67           1.46           Missed
 Sep. 30 2022      1.30           1.62           Beat
 Jun. 30 2022      3.80           3.90           Beat