CHDN Q3 2020 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q3 2020 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$338M+10.3% YoY

Gross Profit

$89M26.3% margin

Operating Income

$50M14.8% margin

Net Income

$43M12.8% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+82.5%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

-$18M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$2.9B

Stockholders' Equity

$372M

Cash & Equivalents

$622M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$338M	$306M	+10.3%
Gross Profit	$89M	$63M	+40.7%
Operating Income	$50M	$28M	+79.9%
Net Income	$43M	$15M	+191.9%

Revenue Segments

Pari-Mutuel, Live And Simulcast Racing

$147M43%

Gaming

$135M39%

Pari-Mutuel, Historical Racing

$27M8%

Racing Event-Related Services

$20M6%

Product and Service, Other

$16M5%