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0.000175731482295018 -0.00026359722344259 -0.00123012037606538 -0.000615060188032626 0.00303136806958966 0.00316316668131095 -0.000527194446885179 -0.000527194446885179
Stock impact report

Why Churchill Downs (CHDN) Stock Is Up Today [Yahoo! Finance]

Churchill Downs, Incorporated (CHDN) 
Last churchill downs, incorporated earnings: 4/29 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.churchilldownsincorporated.com
Company Research Source: Yahoo! Finance
strong second-quarter earnings that beat analyst expectations and announced a new share buyback program. The company reported record second-quarter revenue of $934.4 million and an all-time high adjusted EBITDA of $450.9 million, which surpassed analyst expectations. This strong performance was primarily driven by a record-breaking 151st Kentucky Derby that saw an all-time high for wagering. In addition to the strong earnings, the company's Board of Directors approved a new $500 million share repurchase program, replacing a prior authorization. Following the release, JMP Securities reiterated its Market Outperform rating and a $138 price target on the stock. After the initial pop the shares cooled down to $112.03, up 2.6% from previous close. Is now the time to buy Churchill Downs? Access our full analysis report here, it's free Churchill Downs's shares are not very volatile and have only had 4 moves greater than 5% over the last year. In that context, today's move indicates the Show less Read more
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