A Preview Of Churchill Downs's Earnings

Churchill Downs (NASDAQ:CHDN) is set to give its latest quarterly earnings report on Wednesday, 2024-10-23. Here's what investors need to know before the announcement.

Analysts estimate that Churchill Downs will report an earnings per share (EPS) of $1.02.

The market awaits Churchill Downs's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

Last quarter the company beat EPS by $0.18, which was followed by a 0.52% increase in the share price the next day.

Churchill Downs Share Price Analysis

Shares of Churchill Downs were trading at $135.49 as of October 21. Over the last 52-week period, shares are up 23.0%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Insights on Churchill Downs

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Churchill Downs.

The consensus rating for Churchill Downs is Outperform, based on 10 analyst ratings. With an average one-year price target of $161.6, there's a potential 19.27% upside.

Analyzing Analyst Ratings Among Peers

In this analysis, we delve into the analyst ratings and average 1-year price targets of ...