AP NEWS

Churchill Downs: 3Q Earnings Snapshot

October 30, 2019

LOUISVILLE, Ky. (AP) _ Churchill Downs Inc. (CHDN) on Wednesday reported third-quarter earnings of $14.8 million.

On a per-share basis, the Louisville, Kentucky-based company said it had profit of 36 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 55 cents per share.

The racetrack operator and gambling company posted revenue of $306.3 million in the period.

Churchill Downs shares have risen 64% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $133.37, an increase of 64% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHDN at https://www.zacks.com/ap/CHDN