Churchill Downs (CHDN) Tops Q3 EPS by 12c

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Churchill Downs Incorporated Reports 2018 Third Quarter Results

October 31, 2018 5:26 PM EDT

LOUISVILLE, Ky., Oct. 31, 2018 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI" or the "Company") today reported business results for the third quarter ended September 30, 2018.

Third Quarter 2018 Highlights

Net revenue of $221.3 million, 12% increase over the prior yearNet income of $56.3 million compared to $16.7 million in the prior year Adjusted net income of $21.9 million compared to $13.6 million in the prior year Diluted earnings per share ("EPS") of $4.12 compared to $1.08 in the prior year Adjusted diluted EPS of $1.60... More