Get ready to discover the eagerly anticipated third quarter financial results of Churchill Downs Incorporated (NASDAQ: CHDN) on Wednesday 23rd October 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
It is anticipated by financial experts on Wall Street that the enterprise is set to announce an estimated $1.06 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $631.42 million for this period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $2.75 billion. They also believe the company will reach about profit of $6.01 per share for the fiscal year.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.87. This notable figure was attributed to the company's total revenue, which settled at an impressive $572.5 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.89 | +29.0% | 890.70 M | +15.9% |
| Q1 2024 | $1.13 | -42.3% | 590.90 M | +5.6% |
| Q4 2023 | $0.86 | -41.1% | 561.20 M | +16.9% |
| Q3 2023 | $0.87 | -46.3% | 572.50 M | +49.4% |
| Q2 2023 | $2.24 | -42.6% | 768.50 M | +31.9% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 24th October 2024 at 09:00 AM eastern time to review the Q3 2024 financial results.
During Monday's trading, Churchill Downs Incorporated (CHDN) shares reached a low of $134.73 and a high of $138.06, along with a total volume of 364.90 thousand shares. The stock ended the regular trading session at $135.49, showing drop of 1.83 percent.
