Churchill Downs (CHDN) Misses Q4 EPS by 23c

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Churchill Downs Incorporated Reports 2017 Fourth Quarter and Full Year Results

February 28, 2018 4:51 PM EST

LOUISVILLE, Ky., Feb. 28, 2018 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI" or the "Company") today reported business results for the quarter and full year ended December 31, 2017.

Fourth Quarter 2017 Highlights

Net revenue of $178.9 million, up 11% over the prior yearNet income of $38.2 million, 43% increase over the prior year- Adjusted net income of $5.1 million, 89% increase over the prior yearDiluted earnings per share ("EPS") of $2.46, 54% higher than the prior year- Adjusted diluted EPS of $0.33, 106% increase over the prior yearAdjusted EBITDA of $60.2 million, 7% higher than the prior... More