Churchill Downs (CHDN) came out with quarterly earnings of $3.1 per share, beating the Zacks Consensus Estimate of $3.03 per share. This compares to earnings of $2.89 per share a year ago.
Besides Wall Street's top-and-bottom-line estimates for Churchill Downs (CHDN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2025.
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.
We initiate on Churchill Downs Incorporated with a Strong Buy rating, based on a unique combination of margin expansion, capital discipline, and high conviction in above-consensus earnings growth. Our implied valuation is supported by a PT of $131 per share, based on 18x FY26E forward P/E multiple. We estimate FY25E diluted EPS of $6.45 and FY26E diluted EPS of $7.30, which represents 13% annualized growth, and is meaningfully ahead of consensus.
Churchill Downs Incorporated is the owner of the track where the famed namesake race is run —and some analysts say its stock has plenty of upside right now
Top racehorses will run in the Kentucky Derby on Saturday, but a planned nearly $1 billion revamp of facilities at the Churchill Downs racetrack that hosts the famous race is on hold.
Churchill Downs has paused a $900 million capital improvement project due to global uncertainty. CEO Bill Carstanjen said this year's Kentucky Derby on Saturday is on pace to match last year's in terms of demand.
Churchill Downs Inc. NASDAQ: CHDN delivered record revenue and solid earnings in the just-ended quarter. However, some unexpected news about a previously announced renovation is causing the stock to drop more than 16% in after-hours trading.
Churchill Downs Incorporated (NASDAQ:CHDN ) Q1 2025 Earnings Call April 24, 2025 9:00 AM ET Company Participants Sam Ullrich - Vice President, Investor Relations Bill Carstanjen - Chief Executive Officer Bill Mudd - President and Chief Operating Officer Marcia Dall - Chief Financial Officer Conference Call Participants Chad Beynon - Macquarie Barry Jonas - Truist David Katz - Jefferies Jordan Bender - Citizens Daniel Guglielmo - Capital One Securities Jeff Stantial - Stifel Joe Stauff - Susquehanna Ben Chaiken - Mizuho Shaun Kelley - Bank of America Brandt Montour - Barclays Operator Good day, ladies and gentlemen and welcome to the Churchill Downs Inc. 2025 First Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.
Although the revenue and EPS for Churchill Downs (CHDN) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Churchill Downs (CHDN) came out with quarterly earnings of $1.07 per share, missing the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.13 per share a year ago.
Evaluate the expected performance of Churchill Downs (CHDN) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.