Churchill Downs CHDN will be releasing its next round of earnings this Wednesday, July 29. For all of the relevant information, here is your guide for Wednesday's Q2 earnings announcement.
Earnings and Revenue
Analysts are predicting Churchill Downs will report a loss of $0.55 per share on revenue of $119.95 million. Churchill Downs EPS in the same period a year ago totaled $2.830. Revenue was $477.40 million. If the company were to post earnings inline with the consensus estimate when it reports Wednesday, EPS would be down 119.43%. Revenue would be down 54.73% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.16 | 0.51 | 2.81 | |
| EPS Actual | 0.05 | 0.42 | 0.55 | 2.83 |
| Revenue Estimate | 264.97 M | 261.67 M | 299.61 M | 469.99 M |
| Revenue Actual | 252.90 M | 280.60 M | 306.30 M | 477.40 M |
Stock Performance
For a full 12 months, the return has risen by 7.56%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Don't be surprised to see the stock move on comments made during its conference call. Churchill Downs is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://ir.churchilldownsincorporated.com/events-presentations
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
