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Churchill Downs: 1Q Earnings Snapshot

LOUISVILLE, Ky. (AP) _ Churchill Downs Inc. (CHDN) on Wednesday reported first-quarter earnings of $11.6 million.

The Louisville, Kentucky-based company said it had net income of 29 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 63 cents per share.

The racetrack operator and gambling company posted revenue of $265.4 million in the period.

Churchill Downs shares have climbed 13 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $92.16, a climb of 8 percent 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