Churchill Downs (CHDN) to Release Quarterly Earnings on Wednesday

Key Points

• Churchill Downs (CHDN) will report its Q3 2025 earnings on October 22nd, with analysts expecting earnings of $1.00 per share and revenue of $671.43 million.
• In its last earnings report, Churchill Downs exceeded expectations with earnings of $3.10 per share and revenue of $934.40 million, showing a 4.9% increase year-over-year.
• Churchill Downs stock has a current market capitalization of $6.20 billion and a consensus target price of $136.50, with a majority of analysts rating it as a "Moderate Buy."

Churchill Downs (NASDAQ:CHDN - Get Free Report) is projected to issue its Q3 2025 results after the market closes on Wednesday, October 22nd. Analysts expect the company to announce earnings of $1.00 per share and revenue of $671.4290 million for the quarter. Parties can check the company's upcoming Q3 2025 earningsummary page for the latest details on the call scheduled for Thursday, October 23, 2025 at 8:00 AM ET.

Churchill Downs (NASDAQ:CHDN - Get Free Report) last released its earnings results on Wednesday, July 23rd. The company reported $3.10 earnings per share for the quarter, beating analysts' consensus estimates of $3.03 by $0.07. Churchill Downs had a net margin of 15.22% and a return on equity of 41.46%. The firm had revenue of $934.40 million during the quarter, compared to the consensus estimate of $924.36 million. During the same period in the prior year, the firm earned $2.89 EPS. The company's revenue was up 4.9% compared to the same quarter last year. On average, analysts expect Churchill Downs to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Churchill Downs Stock Up 0.5%

Churchill Downs stock opened at $88.42 on Wednesday. Churchill Downs has a twelve month low of $85.58 and a twelve month high of $150.21. The firm has a 50 day moving average price of $98.74 and a 200-day moving average price of $99.95. The company has a market capitalization of $6.20 billion, a P/E ratio of 15.19, a P/E/G ratio of 1.64 and a beta of 0.83. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 4.74.

Institutional Trading of Churchill Downs

Several institutional investors and hedge funds have recently made changes to their positions in CHDN. Geneos Wealth Management Inc. grew its holdings in shares of Churchill Downs by 1,364.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the company's stock valued at $28,000 after purchasing an additional 232 shares during the last quarter. State of Wyoming grew its holdings in shares of Churchill Downs by 158.1% during the 2nd quarter. State of Wyoming now owns 1,399 shares of the company's stock valued at $141,000 after purchasing an additional 857 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Churchill Downs during the 2nd quarter valued at $229,000. Cetera Investment Advisers grew its holdings in shares of Churchill Downs by 6.5% during the 2nd quarter. Cetera Investment Advisers now owns 3,133 shares of the company's stock valued at $316,000 after purchasing an additional 192 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Churchill Downs by 29.8% during the 1st quarter. AQR Capital Management LLC now owns 3,415 shares of the company's stock valued at $373,000 after purchasing an additional 784 shares during the last quarter. Hedge funds and other institutional investors own 82.59% of the company's stock.

Analyst Ratings Changes

CHDN has been the subject of several analyst reports. Truist Financial cut their price objective on shares of Churchill Downs from $150.00 to $145.00 and set a "buy" rating for the company in a report on Wednesday, July 16th. Mizuho raised their price objective on shares of Churchill Downs from $134.00 to $136.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. Stifel Nicolaus raised their price objective on shares of Churchill Downs from $130.00 to $133.00 and gave the stock a "buy" rating in a report on Friday, July 11th. Macquarie raised their price objective on shares of Churchill Downs from $150.00 to $155.00 and gave the stock an "outperform" rating in a report on Monday, July 28th. Finally, Susquehanna raised their price objective on shares of Churchill Downs from $121.00 to $126.00 and gave the stock a "positive" rating in a report on Wednesday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Churchill Downs currently has a consensus rating of "Moderate Buy" and a consensus target price of $136.50.

About Churchill Downs

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; casino gaming; and Terre Haute Casino Resort.

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