|Bid||204.05 x 1100|
|Ask||219.33 x 800|
|Day's Range||211.03 - 214.79|
|52 Week Range||172.75 - 262.20|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||16.81|
|Earnings Date||Oct 25, 2022 - Oct 31, 2022|
|Forward Dividend & Yield||0.67 (0.31%)|
|Ex-Dividend Date||Dec 02, 2021|
|1y Target Est||271.40|
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Churchill Downs Inc. (Nasdaq: CHDN) has entered an agreement to sell just shy of half of one of its subsidiaries to a New York company. CDI announced Thursday it was selling 49% of United Tote Co., one of its wholly owned subsidiaries. United Tote provides totalizer equipment and services for wagering at racetracks.
LOUISVILLE, Ky., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “Company”) (Nasdaq: CHDN) announced today that the Company has entered into an agreement to sell 49% of United Tote Company (“United Tote”), a wholly-owned subsidiary of CDI, to NYRA Content Management Solutions, LLC, a subsidiary of the New York Racing Association, Inc. (“NYRA”). NYRA is a not-for-profit corporation that operates the three largest Thoroughbred horse racing tracks in the state of New York -
Churchill Downs (CHDN) delivered earnings and revenue surprises of 1.83% and 0.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?