CHDN Q2 2017 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q2 2017 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$452M+3.1% YoY

Gross Profit

$167M37.0% margin

Operating Income

$130M28.7% margin

Net Income

$78M17.3% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

+61.7%

Cash Flow

Operating Cash Flow

$97M

Free Cash Flow

$70M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.7B

Stockholders' Equity

$601M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$452M	$439M	+3.1%
Gross Profit	$167M	$154M	+8.3%
Operating Income	$130M	$117M	+10.3%
Net Income	$78M	$70M	+12.2%

Revenue Segments

Racing Segment

$176M39%

Big Fish Games

$113M25%

Casino Segment

$88M20%

TwinSpires

$81M18%

Other Segments

$7M1%

Intersegment Eliminations

-$12M-3%