Churchill Downs Hits New 12-Month High at $97.01 (CHDN)
Churchill Downs (NASDAQ:CHDN) shares reached a new 52-week high during mid-day trading on Thursday , American Banking and Market News reports. The company traded as high as $97.01 and last traded at $96.91, with a volume of 45,023 shares trading hands. The stock had previously closed at $95.54.
The stock has a 50-day moving average of $90.47 and a 200-day moving average of $89.61. The company has a market cap of $1.692 billion and a price-to-earnings ratio of 28.48.
Churchill Downs (NASDAQ:CHDN) last released its earnings data on Wednesday, July 30th. The company reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.19 by $0.02. The company had revenue of $303.70 million for the quarter, compared to the consensus estimate of $309.48 million. During the same quarter in the previous year, the company posted $2.81 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. Analysts expect that Churchill Downs will post $3.69 EPS for the current fiscal year.
Churchill Downs Incorporated is a diversified provider of pari-mutuel horseracing, casino gaming, entertainment, and is the country’s premier source of online account wagering on horseracing events.
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