Churchill Downs (CHDN) Tops Q3 EPS by 4c

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Churchill Downs Incorporated Reports 2019 Third Quarter Results

October 30, 2019 5:00 PM EDT

LOUISVILLE, Ky., Oct. 30, 2019 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI" or "the Company") today reported business results for the third quarter ended September 30, 2019.

Third Quarter 2019 Highlights

Net revenue of $306.3 million, up 38% over the prior year quarterNet income of $14.8 million compared to $56.3 million in the prior year quarter Adjusted net income of $22.3 million, compared to $21.9 million in the prior year quarter Adjusted EBITDA of $88.0 million, up 42% over the prior year quarter... More