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?
LOUISVILLE, Ky., July 27, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company") today reported business results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights Record second quarter 2022 results: Record net revenue of $582.5 million compared to $515.1 million in second quarter 2021Record net income of $339.3 million compared to $108.3 million in second quarter 2021Record Adjusted EBITDA of $291.2 million compared to $233.3 million in seco
Churchill Downs (CHDN) possesses solid growth attributes, which could help it handily outperform the market.