CHDN Q3 2018 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q3 2018 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$221M-29.7% YoY

Gross Profit

$48M21.5% margin

Operating Income

$21M9.3% margin

Net Income

$56M25.4% margin

EPS (Diluted)

$0.69

QoQ Revenue Growth

-41.7%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$80M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.2B

Stockholders' Equity

$515M

Cash & Equivalents

$131M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$221M	$315M	-29.7%
Gross Profit	$48M	$70M	-32.4%
Operating Income	$21M	$33M	-37.9%
Net Income	$56M	$17M	+237.1%

Revenue Segments

Casino Segment

$105M47%

TwinSpires

$72M32%

Racing Segment

$41M18%

Other Segments

$8M4%

Other Investments Segment

$900,0000%

Intersegment Eliminations

-$5M-2%