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

Churchill Downs

25/10/2023 23:32

* Churchill Downs Inc  CHDN.OQ  reported quarterly adjusted
earnings of 87 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 86 cents per share.
    * Revenue rose 49.4% to $572.50 million from a year ago;
analysts
expected $568.55 million. 
    * Churchill Downs Inc's reported EPS for the quarter was 79
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.4%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Churchill Downs Inc shares had fallen by 4.0% this
quarter and
gained 5.4% so far this year.
    * The company reported quarterly net income of $61 million.
    * Wall Street's median 12-month price target for Churchill
Downs
Inc is $146.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 10:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.86           0.87           Beat
 Jun. 30 2023      2.60           2.24           Missed
 Mar. 31 2023      0.90           0.98           Beat
 Dec. 31 2022      0.83           0.73           Missed