Churchill Downs: 3Q Earnings Snapshot
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.