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Churchill Downs (CHDN) Reports Q3 Earnings: What Key Metrics Have to Say
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Churchill Downs (CHDN - Free Report) reported $696 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 1.9%. EPS of $1.23 for the same period compares to $1.09 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $694.17 million, representing a surprise of +0.26%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.23.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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:
Net Revenue- Live and Historical Racing: $308 million versus $305.56 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.7% change.
Net Revenue- Gaming: $272 million compared to the $271.4 million average estimate based on two analysts. The reported number represents a change of +2.6% year over year.
Net Revenue- Wagering Services & Solutions: $116 million compared to the $117.78 million average estimate based on two analysts. The reported number represents a change of -1.7% year over year.
Adjusted EBITDA- All Other: $-23 million versus $-25.29 million estimated by two analysts on average.
Adjusted EBITDA- Wagering Services & Solutions: $48 million versus $46.49 million estimated by two analysts on average.
Adjusted EBITDA- Gaming: $128 million compared to the $127.19 million average estimate based on two analysts.
Adjusted EBITDA- Live and Historical Racing: $111 million compared to the $114.83 million average estimate based on two analysts.
Shares of Churchill Downs have returned +7% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Churchill Downs (CHDN) Reports Q3 Earnings: What Key Metrics Have to Say
Churchill Downs (CHDN - Free Report) reported $696 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 1.9%. EPS of $1.23 for the same period compares to $1.09 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $694.17 million, representing a surprise of +0.26%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.23.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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 +7% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.