---
schema_version: "secwatch.filing_event.v1"
accession: "0000020212-22-000124"
form_type: "8-K"
ticker: "CHDN"
cik: "0000020212"
company_name: "Churchill Downs Inc"
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:20:37.867748+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Churchill Downs Q2 2022: Record revenue $582.5M, EPS $8.79, Adjusted EBITDA $291.2M

## Summary
- Net revenue $582.5M (+13% YoY); net income $339.3M; diluted EPS $8.79 vs $2.76.
- Live & Historical Racing segment revenue $275.9M, Adjusted EBITDA $163.9M, driven by unrestricted Kentucky Derby.
- Closed sale of 115.7 acres near Calder Casino for $291M; after-tax gain of $193.6M.
- Repurchased 321,554 shares for $61.5M at avg $191.37; $359.1M remaining authorization.
- P2E acquisition ($2.485B) expected to close before end of 2022; financing arranged.

## SEC filing metadata
- accession: 0000020212-22-000124
- form_type: 8-K
- ticker: CHDN
- cik: 0000020212
- company_name: Churchill Downs Inc
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20212/000002021222000124/0000020212-22-000124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20212/000002021222000124/chdn-20220727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000020212-22-000124
- JSON: https://secwatch.observer/filing/0000020212-22-000124.json
- Plain text: https://secwatch.observer/filing/0000020212-22-000124.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.