Churchill Downs: A Solid 'Buy On The Dip' Story Poised For A Fast Rise Before The Derby (Rating Upgrade)
CHDN is trading at a premium to its sector, making it a 'buy on the dip' target. Its rapid expansion under a new CEO since 2014 is speeding up. We expect 16%+ of EBITDA growth in 2025.
Churchill Downs Incorporated (CHDN) Q3 2024 Earnings Call Transcript
Churchill Downs Incorporated (NASDAQ:CHDN ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Sam Ullrich - Vice President, Investor Relations William Carstanjen - Chief Executive Officer Marcia Dall - Executive Vice President and Chief Financial Officer William Mudd - President and Chief Operating Officer Bradley Blackwell - Executive Vice President and General Counsel Conference Call Participants David Katz - Jefferies Barry Jonas - Truist Securities Dan Politzer - Wells Fargo Chad Beynon - Macquarie Jeff Stantial - Stifel Joseph Stauff - SIG Shaun Kelley - Bank of America Daniel Guglielmo - Capital One Securities Jordan Bender - Citizens JMP Benjamin Chaiken - Mizuho Operator Good day, ladies and gentlemen, and welcome to the Churchill Downs Incorporated 2024 Third Quarter Earnings Conference call. At this time, all participants are in a listen-only mode.
Churchill Downs (CHDN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Churchill Downs (CHDN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Churchill Downs (CHDN) Q3 Earnings Beat Estimates
Churchill Downs (CHDN) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.87 per share a year ago.
Churchill Downs (CHDN) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
Beyond analysts' top -and-bottom-line estimates for Churchill Downs (CHDN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Churchill Downs (CHDN) Earnings Expected to Grow: Should You Buy?
Churchill Downs (CHDN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will Churchill Downs (CHDN) Beat Estimates Again in Its Next Earnings Report?
Churchill Downs (CHDN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here's Why Investors Should Retain Churchill Downs Stock Now
CHDN focuses on development efforts and Exacta acquisition to drive growth. However, rising capital expenditures are a concern.
Churchill Downs: Still Under The Radar, Still An Excellent Business
Churchill Downs Incorporated shows strong long-term performance, with improved business metrics and growth opportunities, making the stock attractive now. Q2 results exceeded expectations, with revenue and EPS ahead of estimates, and margins improving due to high-margin HRM machines and acquisitions. Management's disciplined capital allocation has led to high returns on equity and significant shareholder returns through dividends and share repurchases.
Churchill Downs Incorporated (CHDN) Q2 2024 Earnings Call Transcript
Churchill Downs Incorporated (NASDAQ:CHDN ) Q2 2024 Results Conference Call July 25, 2024 9:00 AM ET Company Participants Sam Ullrich - Vice President, Investor Relations Bill Carstanjen - Chief Executive Officer Marcia Dall - Chief Financial Officer Bill Mudd - President and Chief Operating Officer Brad Blackwell - General Counsel Conference Call Participants Barry Jonas - Truist Securities David Katz - Jefferies Dan Politzer - Wells Fargo Joe Stauff - SIG Jeff Stantial - Stifel Jordan Bender - JMP Securities Chad Beynon - Macquarie Ben Chaiken - Mizuho Daniel Guglielmo - Capital One Securities Shaun Kelley - Bank of America Operator Good day, ladies and gentlemen, and welcome to the Churchill Downs Incorporated 2024 Second Quarter Earnings Conference call. At this time, all participants are in a listen-only mode.
Churchill Downs (CHDN) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Churchill Downs (CHDN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Churchill Downs (CHDN) Q2 Earnings and Revenues Beat Estimates
Churchill Downs (CHDN) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.71 per share. This compares to earnings of $2.24 per share a year ago.
