CHDN Q1 2018 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q1 2018 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$189M-32.3% YoY

Gross Profit

$40M20.9% margin

Operating Income

$20M10.4% margin

Net Income

$182M96.1% margin

EPS (Diluted)

$2.09

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$22M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.3B

Stockholders' Equity

$344M

Cash & Equivalents

$203M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$189M	$280M	-32.3%
Gross Profit	$40M	$53M	-24.8%
Operating Income	$20M	$18M	+12.6%
Net Income	$182M	$7M	+2393.2%

Revenue Segments

Casino Segment

$98M52%

TwinSpires

$63M33%

Racing Segment

$26M14%

Other Segments

$6M3%

Other Investments Segment

$1M1%

Intersegment Eliminations

-$4M-2%