CHDN Q4 2017 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q4 2017 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$179M-35.7% YoY

Gross Profit

$34M18.9% margin

Operating Income

-$13M-7.2% margin

Net Income

$38M21.4% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

-43.2%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$29M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.7B

Stockholders' Equity

$640M

Cash & Equivalents

$52M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$179M	$278M	-35.7%
Gross Profit	$34M	$53M	-36.5%
Operating Income	-$13M	$44M	-129.3%
Net Income	$38M	$27M	+42.5%

Revenue Segments

Casino Segment

$87M55%

TwinSpires

$56M36%

Racing Segment

$14M9%

Other Segments

$2M1%