Churchill Downs (CHDN) Tops Q3 EPS by 34c

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Churchill Downs Incorporated Reports 2020 Third Quarter Results

October 28, 2020 4:05 PM EDT

LOUISVILLE, Ky., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI" or the "Company") today reported business results for the third quarter ended September 30, 2020.

Third Quarter 2020 Highlights/Update on Operations

Net revenue of $337.8 million, up 10% over the prior year quarterNet income(a) of $43.2 million compared to $14.8 million in the prior year quarter Adjusted net income(a) of $47.8 million, compared to $22.3 million in the prior year quarter Adjusted EBITDA of $121.9 million, up 39% compared to... More