For the quarter ended March 2024, Churchill Downs (CHDN) reported revenue of $590.9 million, up 5.6% over the same period last year. EPS came in at $1.13, compared to $0.98 in the year-ago quarter.The reported revenue represents a surprise of +5.72% over the Zacks Consensus Estimate of $558.94 million. With the consensus EPS estimate being $0.78, the EPS surprise was +44.87%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Churchill Downs (CHDN) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 44.87%. A quarter ago, it was expected that this racetrack operator and gambling company would post earnings of $0.68 per share when it actually produced earnings of $0.86, delivering a surprise of 26.47%.Over the ...

Our business is sensitive to consumer confidence and reductions in consumers' discretionary spending, which may result from challenging economic conditions, inflation, unemployment levels and other changes in the economy. Demand for entertainment and leisure activities is sensitive to consumers' disposable incomes, which can be adversely affected by economic conditions and unemployment levels. This could result in fewer patrons visiting our racetracks, HRM entertainment venues, online wagering sites, and ga ...

Live and Historical Racing 2 The Duchossois Group Share Repurchase • partially offset by a $4.6 million after-tax increase in interest expense associated with higher outstanding debt balances and higher interest rates. • Pre-opening expense; and | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------|-------|--------------------------------|---------------|----------------------------| | (Unaudited) \n(in millions, except per common sh ...

Investors are always looking for stocks that are poised to beat at earnings season and Churchill Downs Incorporated (CHDN) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Churchill Downs is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — i ...

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 ...

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 ...

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 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 ...

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 ...