Churchill Downs, Inc. (CHDN) Misses Q1 EPS by 8c

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Go back to Churchill Downs, Inc. (CHDN) Misses Q1 EPS by 8c

Churchill Downs Incorporated Reports 2014 First-Quarter Results

April 23, 2014 4:30 PM EDT

FIRST-QUARTER 2014

Record net revenues of $167.3 million, up 13% over first-quarter 2013 Record Adjusted EBITDA of $24.5 million, 16% above 2013's first-quarter Oxford, MVG operations help drive 24 percent increase in Gaming Adjusted EBITDA TwinSpires wagering grows 8.8%, outpacing U.S. industry by 10.9%

LOUISVILLE, Ky., April 23, 2014 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (CDI or Company) today, Wednesday, Apr. 23, 2014, reported business results for the first-quarter ended Mar. 31, 2014.

MANAGEMENT COMMENTARY

"We're pleased with our record first-quarter revenues of $167.3 million, up 13% over 2013, and record adjusted... More