CHDN Q1 2020 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q1 2020 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$253M-4.7% YoY

Gross Profit

$30M12.0% margin

Operating Income

-$12M-4.6% margin

Net Income

-$23M-9.3% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

-9.9%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

-$5M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.8B

Stockholders' Equity

$433M

Cash & Equivalents

$701M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$253M	$265M	-4.7%
Gross Profit	$30M	$56M	-46.3%
Operating Income	-$12M	$28M	-141.4%
Net Income	-$23M	$12M	-301.7%

Revenue Segments

Gaming

$122M48%

Pari-Mutuel, Live And Simulcast Racing

$85M33%

Product and Service, Other

$24M10%

Pari-Mutuel, Historical Racing

$20M8%

Racing Event-Related Services

$1M1%