Churchill Downs Inc reports results for the quarter ended December 31 - Earnings Summary

• Churchill Downs Inc CHDN.OQ reported quarterly adjusted earnings of 92 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 86 cents. The mean expectation of seven analysts for the quarter was for earnings of 95 cents per share. Wall Street expected results to range from 86 cents to $1.05 per share.

• Revenue rose 11.2% to $624.20 million from a year ago; analysts expected $620.07 million.

• Churchill Downs Inc's reported EPS for the quarter was 95 cents​.

• The company reported quarterly net income of $71.7 million.

• Churchill Downs Inc shares had fallen by 9.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.7% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the casinos & gaming peer group is also "buy"

Wall Street's median 12-month price target for Churchill Downs Inc is $165.00

This summary was machine generated from LSEG data February 19 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)