International Speedway (ISCA) Tops Q2 EPS by 3c; Affirms FY Outlook
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International Speedway Corporation (Nasdaq: ISCA) reports Q2 EPS of $0.35 vs. consensus of $0.32.
Total revenues for the second quarter decreased to $152.4 million vs. $152.87 million consensus.
While the Company expects consumer and corporate spending trends to continue to be impacted by challenging economic conditions throughout the year, ISC reiterates its 2009 total revenue guidance range of $700 million to $720 million. In addition, the Company is maintaining its fiscal 2009 non-GAAP earnings guidance range of $1.80 to $2.00 per diluted share. (Consensus is $700.26 million and $1.82, respectively)
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