Churchill Downs IncorporatedNASDAQ: CHDN

Churchill Downs' (CHDN) subsidiary, Exacta Systems, takes a step forward for international expansion, alongside International Game Technology, in collaboration with National Lottery plc, by offering HHR technology in Malta.

LOUISVILLE, Ky., July 03, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that CDI successfully closed an amendment of its senior secured credit agreement to extend the maturity date of its revolving credit facility and term loan A facility from 2027 to 2029 and to make certain other changes to its existing credit agreement.

LOUISVILLE, Ky., June 27, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that Michael Lilly has been promoted to President of TwinSpires Horse Racing, the leading provider of legal online horse betting sites and the official wagering partner of the Kentucky Derby. In this role, Lilly will be responsible for the overall strategy and operation of the TwinSpires Horse Racing business within CDI's TwinSpires Segment.

Here is how Churchill Downs (CHDN) and Flexsteel Industries (FLXS) have performed compared to their sector so far this year.

LOUISVILLE, Ky., June 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024, and host a related conference call to discuss the quarter on Thursday, July 25, 2024, at 9 a.m. ET.

Churchill Downs (CHDN) expands its product range and footprint with the opening of the Terre Haute Casino Resort.

Churchill Downs, the company behind the famous Kentucky Derby, is a well-rounded gaming operator with a solid track record. It has impressive operating margins, return on equity, and return on capital, along with steady revenue and net income growth over the past 14 years. Although the stock has been consolidating for the past 3 years, it is currently undervalued and could be a great investment for those looking to hold for the long term.

While the revenue and EPS of Churchill Downs (CHDN) provide insight into its performance in the quarter ending March 2024, it is important to also evaluate how certain key metrics stack up against Wall Street forecasts and the previous year's figures.

Churchill Downs (CHDN) reported quarterly earnings of $1.13 per share, surpassing the Zacks Consensus Estimate of $0.78 per share. This is an improvement from earnings of $0.98 per share in the same quarter last year.