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Churchill Downs (CHDN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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Churchill Downs (CHDN - Free Report) reported $980 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 4.9%. EPS of $3.45 for the same period compares to $3.10 a year ago.
The reported revenue represents a surprise of +0.34% over the Zacks Consensus Estimate of $976.69 million. With the consensus EPS estimate being $3.51, the EPS surprise was -1.71%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Churchill Downs performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Gaming: $270 million versus $262.43 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.4% change.
Net Revenue- Wagering Services & Solutions: $178 million compared to the $164.76 million average estimate based on two analysts. The reported number represents a change of +12.4% year over year.
Revenue- Live and Historical Racing: $575 million versus $546.86 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +6.3% change.
Adjusted EBITDA- All Other: $-26 million compared to the $-22.98 million average estimate based on two analysts.
Adjusted EBITDA- Wagering Services & Solutions: $52 million versus the two-analyst average estimate of $52.13 million.
Adjusted EBITDA- Gaming: $133 million versus $124.51 million estimated by two analysts on average.
Adjusted EBITDA- Live and Historical Racing: $318 million compared to the $321.79 million average estimate based on two analysts.
Shares of Churchill Downs have returned -0.5% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Churchill Downs (CHDN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Churchill Downs (CHDN - Free Report) reported $980 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 4.9%. EPS of $3.45 for the same period compares to $3.10 a year ago.
The reported revenue represents a surprise of +0.34% over the Zacks Consensus Estimate of $976.69 million. With the consensus EPS estimate being $3.51, the EPS surprise was -1.71%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Churchill Downs performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Churchill Downs here>>>
Shares of Churchill Downs have returned -0.5% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.