Canterbury Park Posts Q4 Loss as Revenues Decline Y/Y Amid Competition

Shares of Canterbury Park Holding Corporation (CPHC) have slipped 6.9% since reporting results for the fourth quarter of 2024. This compares to the S&P 500 index’s 2.3% decline over the same time frame. Over the past month, the stock has lost 8.5% compared with the S&P 500’s 8.4% fall.Revenue & Earnings Decline Y/Y in Q4Canterbury Park reported a fourth-quarter 2024 diluted loss per share of 25 cents against earnings of 27 cents in the prior-year quarter.CPHC reported net revenues of $11.98 million, a 4.4% ...