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Churchill Downs: 3Q Earnings Snapshot

·1 min read

LOUISVILLE, Ky. (AP) _ Churchill Downs Inc. (CHDN) on Wednesday reported third-quarter net income of $43.2 million.

The Louisville, Kentucky-based company said it had profit of $1.08 per share. Earnings, adjusted for non-recurring costs, came to $1.19 per share.

The racetrack operator and gambling company posted revenue of $337.8 million in the period.

Churchill Downs shares have risen 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $159.56, a rise of 19% 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