Churchill Downs (CHDN) Q1 Earnings and Revenues Surpass Estimates

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 ...