CHDN Q3 2019 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q3 2019 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$306M+38.4% YoY

Gross Profit

$63M20.6% margin

Operating Income

$28M9.1% margin

Net Income

$15M4.8% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

-35.8%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$14M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.0B

Stockholders' Equity

$550M

Cash & Equivalents

$190M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$306M	$221M	+38.4%
Gross Profit	$63M	$48M	+32.6%
Operating Income	$28M	$21M	+35.6%
Net Income	$15M	$56M	-73.7%

Revenue Segments

Gaming

$178M55%

Pari-Mutuel, Live And Simulcast Racing

$94M29%

Product and Service, Other

$26M8%

Pari-Mutuel, Historical Racing

$21M7%

Racing Event-Related Services

$6M2%