CHDN Q1 2019 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q1 2019 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$265M+40.2% YoY

Gross Profit

$56M21.3% margin

Operating Income

$28M10.6% margin

Net Income

$12M4.4% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+21.2%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$42M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$2.0B

Stockholders' Equity

$457M

Cash & Equivalents

$120M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$265M	$189M	+40.2%
Gross Profit	$56M	$40M	+42.8%
Operating Income	$28M	$20M	+42.1%
Net Income	$12M	$182M	-93.6%

Revenue Segments

Gaming

$169M60%

Pari-Mutuel, Live And Simulcast Racing

$82M29%

Pari-Mutuel, Historical Racing

$18M6%

Product and Service, Other

$13M4%

Racing Event-Related Services

$2M1%