earnings
confidence high
sentiment negative
materiality 0.75
Churchill Downs Q4 revenue record $666M; net income falls 28% to $51.3M; dividend raised 7%
Churchill Downs Inc
- Q4 net revenue $665.9M (+7% YoY); full-year revenue $2,925.9M (+7% YoY).
- Q4 GAAP diluted EPS $0.71 (vs $0.95); adjusted diluted EPS $0.97 (vs $0.92).
- Full-year net income $383.0M (-10.3%); Adjusted EBITDA $1,205.3M (+4%).
- Gaming segment Q4 revenue down $7.2M; Live/Historical Racing revenue up $43.9M.
- Dividend raised 7% to $0.438/share (15th consecutive increase); $32M share repurchases in Q4.