CHDN Q3 2022 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q3 2022 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$383M-2.5% YoY

Gross Profit

$103M26.8% margin

Operating Income

$64M16.8% margin

Net Income

$57M14.9% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

-34.2%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

-$86M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$4.7B

Total Liabilities

$4.1B

Stockholders' Equity

$613M

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$383M	$393M	-2.5%
Gross Profit	$103M	$106M	-2.9%
Operating Income	$64M	$70M	-7.8%
Net Income	$57M	$61M	-7.2%

Revenue Segments

Gaming

$183M46%

Pari-Mutuel, Live And Simulcast Racing

$96M24%

Pari-Mutuel, Historical Racing

$82M21%

Product and Service, Other

$35M9%

Racing Event-Related Services

$3M1%