
CHDN Earnings
Churchill Downs Inc
- Overview
- Forecast
- Valuation
- Earnings
Earning Analysis
Welcome to our in-depth analysis of Churchill Downs Inc(CHDN) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Churchill Downs Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
FY2025Q2 | 2025-07-23 | After Hours | 3.03 | 3.10 | +2.31 | 924.14M | 934.40M | +1.11 | +4.20 | +1.32 |
FY2025Q1 | 2025-04-23 | After Hours | 1.08 | 1.07 | -0.93 | 642.82M | 642.60M | -0.03 | -16.23 | -12.97 |
FY2024Q4 | 2025-02-19 | After Hours | 0.93 | 0.92 | -1.08 | 620.06M | 624.20M | +0.67 | -0.41 | -4.05 |
FY2024Q3 | 2024-10-23 | After Hours | 0.96 | 0.97 | +1.04 | 628.36M | 628.50M | +0.02 | +4.48 | +7.34 |
FY2024Q2 | 2024-07-24 | - | 2.71 | 2.89 | +6.64 | 858.67M | 890.70M | +3.73 | -3.13 | +0.90 |
FY2024Q1 | 2024-04-24 | - | 0.78 | 1.13 | +44.87 | 565.86M | 590.90M | +4.43 | -0.09 | +4.45 |
FY2023Q4 | 2024-02-21 | - | 0.68 | 0.86 | +26.47 | 553.05M | 561.20M | +1.47 | +1.02 | +4.43 |
FY2023Q3 | 2023-10-25 | - | 0.84 | 0.87 | +3.57 | 568.52M | 572.50M | +0.70 | -2.71 | -1.44 |
FY2023Q2 | 2023-07-26 | - | 2.50 | 2.24 | -10.40 | 792.70M | 768.50M | -3.05 | +0.87 | -9.54 |
- | 2023-04-26 | - | 1.74 | 1.96 | +12.64 | - | - | - | -0.79 | +17.31 |
CHDN Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Churchill Downs Inc reported performance for FY2025Q2, announced on 2025-07-23. The company achieved an EPS of 3.10, compared to analyst estimates of 3.03 by 2.31% . Revenue for the quarter reached 934.40M compared to expectations of 924.14M by 1.11% .
The stock price reacted with a 4.20% one-day change and a 1.32% five-day change following the earnings release. These movements reflect market reaction in Churchill Downs Inc growth trajectory and strategic initiatives.
CHDN Earnings Forecast
Looking ahead, Churchill Downs Inc(CHDN) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q3 project quarter revenue of 670.51M and an EPS of 1.03.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Downward by -0.81%, while EPS estimates have been Revise Upward by 2.16%. For the upcoming Q3 2025, revenue estimates have been adjusted Revise Downward by -0.93% . These revisions correlate with a 4.09% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Churchill Downs Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between CHDN's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Downward

-0.81%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward

+2.16%
In Past 3 Month
Revenue Estimates for Q3 2025
Revise Downward

-0.93%
In Past 3 Month
Stock Price
Go Up

+4.09%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2025:2.89B
--
EPS Estimate-Annual FY 2025:6.20
—
Stock Price102.85
CHDN Revenue and EPS Performance: A Historical Perspective
Churchill Downs Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q2 (2025-07-23,After Hours):
EPS: 3.10 (Actual) vs.3.03 (Estimate) (2.31%)
Revenue: 934.40M (Actual) vs. 924.14M (Estimate) (1.11%)
Price Reaction: 4.20%(1-Day), 1.32%(5-Day)
FY2025Q1 (2025-04-23,After Hours):
EPS: 1.07 (Actual) vs.1.08 (Estimate) (-0.93%)
Revenue: 642.60M (Actual) vs. 642.82M (Estimate) (-0.03%)
Price Reaction: -16.23%(1-Day), -12.97%(5-Day)
FY2024Q4 (2025-02-19,After Hours):
EPS: 0.92 (Actual) vs.0.93 (Estimate) (-1.08%)
Revenue: 624.20M (Actual) vs. 620.06M (Estimate) (0.67%)
Price Reaction: -0.41%(1-Day), -4.05%(5-Day)
Earnings Reaction
The chart below shows how CHDN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CHDN sees a +0.81% change in stock price 10 days leading up to the earnings, and a +0.96% change 10 days following the report. On the earnings day itself, the stock moves by -0.36%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in JUN/2025, the stock changed 4.20% on the day following the earnings release and then changed by -6.28% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Churchill Downs Inc (CHDN) Q2 2025 Earnings Call Summary
Positive
2025-07-24
The earnings call highlights strong financial performance with significant free cash flow and a robust share repurchase program. Despite some challenges, such as decreased EBITDA in certain segments, management's optimistic guidance, strategic investments, and growth potential in key markets like Kentucky and Virginia positively impact sentiment. The Q&A section reinforces this with positive expectations for pricing, market expansion, and strategic initiatives. Overall, the company's proactive strategies and shareholder-friendly actions suggest a positive stock price movement in the short term.
Churchill Downs Inc (CHDN) Q1 2025 Earnings Call Summary
Positive
2025-04-24
The earnings call reflects strong financial performance with record EBITDA and significant shareholder returns through dividends and share repurchases. Despite some challenges, such as weather impacts and macroeconomic uncertainties, the company maintains growth in key areas and offers optimistic guidance for future events like the Derby. The Q&A reveals some hesitancy in lower-tier markets but overall strong demand and growth opportunities. The combination of strong financial metrics, optimistic future outlook, and shareholder-friendly actions suggests a positive sentiment, likely leading to a stock price increase.
Churchill Downs Incorporated (CHDN) Q3 2024 Earnings Call Summary
Positive
2024-10-24
The earnings call highlights record revenue and EBITDA, strong financial performance in Virginia, and increased dividends, indicating robust financial health. The Q&A reveals optimism about Virginia's growth and successful HRM deployments, despite some vague responses. The dividend increase and strong cash flow further bolster positive sentiment. Overall, the company's achievements and strategic plans suggest a likely stock price increase in the short term.
Churchill Downs Incorporated (CHDN) Q2 2024 Earnings Call Summary
Positive
2024-07-25
The earnings call summary presents strong financial performance, including a 16% increase in net revenue and a 22% rise in adjusted EBITDA. The Q&A section reveals optimism about future growth, especially in Kentucky and Virginia, and the successful opening of Terre Haute casino. Despite some concerns about competitive threats and unclear management responses, the overall sentiment is positive, bolstered by strong earnings, optimistic guidance, and shareholder return commitments. The absence of negative critical factors further supports a positive stock price prediction.
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FAQ

What were the key highlights of CHDN’s latest earnings report for FY2025Q2?
CHDN reported its FY2025Q2 earnings on 2025-07-23, showcasing a revenue of 934.40M against an estimate of 924.14M, resulting in a 1.11% surprise. The EPS was 3.1, surpassing the expected 3.03 by 2.31% . The stock experienced a 4.2% price change on the earnings day and a 1.32% change over the next five days, reflecting market reactions to the results.

How did CHDN’s stock price react after the FY2025Q2 earnings release?

What are the revenue and EPS estimates for CHDN for 2025/Q3?

How does CHDN’s stock price correlate with earnings forecast revisions?

What should investors expect from CHDN’s next earnings report?
