LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Churchill Downs Inc. (CHDN) on Wednesday reported net income of $241 million in its second quarter.
The Louisville, Kentucky-based company said it had profit of $3.42 per share. Earnings, adjusted for non-recurring costs, were $3.45 per share.
The racetrack operator and gambling company posted revenue of $980 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $976.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHDN at https://www.zacks.com/ap/CHDN
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