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Seeking Clues to Churchill Downs (CHDN) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-04-23 14:21
In its upcoming report, Churchill Downs (CHDN) is predicted by Wall Street analysts to post quarterly earnings of $0.78 per share, reflecting a decline of 20.4% compared to the same period last year. Revenues are forecasted to be $558.29 million, representing a year-over-year decrease of 0.2%.The current level reflects an upward revision of 0.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initi ...
Will Churchill Downs (CHDN) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-11 17:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Churchill Downs (CHDN) , which belongs to the Zacks Gaming industry.This racetrack operator and gambling company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 15.02%.For the most recent quarter, Churchill Downs was expected to po ...
Churchill Downs Incorporated Closes on Sale of 49% of United Tote Company to the New York Racing Association, Inc.
Newsfilter· 2024-04-08 21:30
LOUISVILLE, Ky., April 08, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (NASDAQ:CHDN, "CDI, " or the "Company"))) announced today that the Company closed on the sale of 49% of United Tote Company ("United Tote"), a wholly-owned subsidiary of CDI, to NYRA Content Management Solutions, LLC, a subsidiary of the New York Racing Association, Inc. ("NYRA"). About Churchill Downs Incorporated Churchill Downs Incorporated ("CDI") (NASDAQ:CHDN) has been creating extraordinary entertainment experiences for n ...
Churchill Downs (CHDN) Launches Terre Haute Casino Resort
Zacks Investment Research· 2024-04-08 15:51
Churchill Downs Incorporated (CHDN) has inaugurated Terre Haute Casino Resort in Terre Haute, IN, marking its first venture into the state. The $290 million investment boasts a sprawling 400,000 square-foot entertainment complex, featuring 1,000 slot machines, 36 table games and a cutting-edge sportsbook.The resort's array of regionally inspired bars and restaurants, including Four Cornered Steakhouse and Rockwood Bar & Grill, aim to attract visitors across the Midwest and beyond. Mayor Brandon Sakbun heral ...
Churchill Downs Incorporated Opens Terre Haute Casino Resort in Terre Haute, Indiana
Newsfilter· 2024-04-05 20:00
Casino Floor and Food & Beverage Amenities Open to the Public 122-Room Luxury Hotel to Open May 15 LOUISVILLE, Ky., April 05, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated ("CDI" or "the Company") (NASDAQ:CHDN) announced today the opening of Terre Haute Casino Resort in Terre Haute, Indiana. The $290 million investment includes a casino floor with 1,000 slot machines, 36 table games and a state-of-the-art sportsbook. The 400,000-square-foot entertainment venue also features regionally inspired bars ...
EXACTA SYSTEMS® LIVE AT THE BROOK IN SEABROOK, NEW HAMPSHIRE
Prnewswire· 2024-03-04 21:10
BOYNTON BEACH, Fla., March 4, 2024 /PRNewswire/ -- Exacta Systems® ("Exacta") announced today that they have completed the installation of 175 Exacta Connect® powered terminals at The Brook, a casino-entertainment destination in Seabrook, New Hampshire. Located in the easternmost part of the state next to the Massachusetts border, this new install at The Brook ensures Exacta continues to lead the field of Historical Horse Racing (HHR) technology across the United States. These new terminals, powered by the ...
Churchill Downs Incorporated Announces Exacta Expansion in New Hampshire
Newsfilter· 2024-03-04 21:00
LOUISVILLE, Ky., March 04, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (NASDAQ:CHDN, "CDI, " or the "Company"))) announced today that Exacta Systems® ("Exacta") has completed the installation of 175 Exacta-technology driven terminals at The Brook in Seabrook, New Hampshire. Exacta, acquired by CDI in August 2023, is a leading provider of central determinate system technology for historical racing machines ("HRMs"). The Brook is a casino-entertainment destination located in the easternmost part of ...
Churchill Downs rporated(CHDN) - 2023 Q4 - Earnings Call Transcript
2024-02-22 21:29
Bill Carstanjen Hello, everyone. Thank you for taking my questions. So you all have obviously been developing and are continuing to develop. With that framework in mind, how has the development environment changed, if any, this year versus last? So anything of note around labor availability, supply chain consideration, underwriting versus actuals? Thank you. One moment, please, for our next question. And our next question comes from the line of Jeff Stantial with Stifel. Jeff Stantial Hi. Great morning, Bil ...
Churchill Downs Incorporated Announces Development Plans for Owensboro Racing & Gaming
Newsfilter· 2024-02-21 21:08
LOUISVILLE, KY., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (NASDAQ:CHDN, "CDI, " or the "Company"))) announced today that the Company plans to open Owensboro Racing & Gaming in the first quarter of 2025 with 600 state-of-the-art historical racing machines ("HRMs"), a retail sportsbook, simulcast wagering, and multiple food and beverage offerings. Owensboro Racing & Gaming exterior rendering The new property in eastern Daviess County will be CDI's seventh historical horse racing entertai ...
Churchill Downs Incorporated Reports 2023 Fourth Quarter and Full Year Results
Newsfilter· 2024-02-21 21:01
LOUISVILLE, Ky., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (NASDAQ:CHDN) (the "Company", "CDI") today reported business results for the quarter and full year ended December 31, 2023. Company Highlights Record 2023 net revenue of $2.5 billion, up 36% compared to $1.8 billion in the prior year.2023 net income of $417 million, down 5% compared to $439 million in the prior year.Record 2023 Adjusted EBITDA of $1.0 billion, up 34% compared to $0.8 billion in the prior year.We successfully ra ...