CHDN Q2 2018 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q2 2018 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$379M-16.0% YoY

Gross Profit

$162M42.6% margin

Operating Income

$137M36.0% margin

Net Income

$103M27.2% margin

EPS (Diluted)

$1.26

QoQ Revenue Growth

+100.4%

Cash Flow

Operating Cash Flow

$106M

Free Cash Flow

$68M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.2B

Stockholders' Equity

$453M

Cash & Equivalents

$255M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$379M	$452M	-16.0%
Gross Profit	$162M	$167M	-3.2%
Operating Income	$137M	$130M	+5.5%
Net Income	$103M	$78M	+31.7%

Revenue Segments

Racing Segment

$194M51%

Casino Segment

$98M26%

TwinSpires

$94M25%

Other Segments

$7M2%

Other Investments Segment

$2M0%

Intersegment Eliminations

-$14M-4%