Churchill Downs (CHDN) Tops Q4 EPS by 14c

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Churchill Downs Incorporated Reports 2018 Fourth Quarter and Full Year Results

February 27, 2019 4:14 PM EST

LOUISVILLE, Ky., Feb. 27, 2019 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI" or the "Company") today reported business results for the quarter and full year ended December 31, 2018.  All share and share-related information presented herein has been retroactively adjusted to reflect the three-for-one stock split of CDI's outstanding common stock that occurred in January 2019 (the "Stock Split").

Fourth Quarter 2018 Highlights

Net revenue of $219.0 million, up 22% over the prior year quarterNet income from continuing operations of $7.3 million, compared to $34.4 million in prior year quarterDiluted earnings per... More