Churchill Downs (CHDN) Tops Q4 EPS by 16c

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Churchill Downs Incorporated Reports 2019 Fourth Quarter and Full Year Results

February 26, 2020 4:34 PM EST

LOUISVILLE, Ky., Feb. 26, 2020 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI" or "the Company") today reported business results for the quarter and full year ended December 31, 2019.

Fourth Quarter 2019 Highlights

Net revenue of $280.6 million, up 28% over the prior year quarterNet income attributable to CDI of $4.0 million, compared to $11.4 million in the prior year quarter Adjusted net income of $16.8 million, up 95%, compared to $8.6 million in the prior year quarter Record Adjusted EBITDA of $73.8 million, up 72%, compared to $43.0 million in the prior... More