Churchill Downs (CHDN) Expected to Release Earnings on Wednesday

Churchill Downs (NASDAQ:CHDN - Get Free Report) is anticipated to post its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Churchill Downs to post earnings of $1.13 per share and revenue of $697.70 million for the quarter. Interested persons can find conference call details on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 9:00 AM ET.

Churchill Downs (NASDAQ:CHDN - Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $3.45 earnings per share for the quarter, meeting analysts' consensus estimates of $3.45. The business had revenue of $980.00 million for the quarter, compared to analysts' expectations of $977.38 million. Churchill Downs had a net margin of 13.82% and a return on equity of 42.16%. The firm's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.10 earnings per share. On average, analysts expect Churchill Downs to post $7.05 EPS for the current fiscal year and $7.45 EPS for the next fiscal year.

Churchill Downs Stock Performance

NASDAQ CHDN opened at $83.03 on Wednesday. Churchill Downs has a twelve month low of $73.08 and a twelve month high of $118.35. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 3.06. The stock has a market cap of $5.79 billion, a P/E ratio of 14.24, a PEG ratio of 0.79 and a beta of 0.77. The company's 50-day simple moving average is $83.59 and its 200 day simple moving average is $86.64.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Citizens Jmp cut their target price on Churchill Downs from $137.00 to $131.00 and set a "market outperform" rating for the company in a research report on Tuesday, October 13th. Jefferies Financial Group reiterated a "buy" rating on shares of Churchill Downs in a research note on Thursday, July 2nd. Wells Fargo & Company reissued an "overweight" rating and set a $120.00 price objective (up from $117.00) on shares of Churchill Downs in a report on Monday. JPMorgan Chase & Co. lowered their target price on shares of Churchill Downs from $123.00 to $118.00 and set an "overweight" rating on the stock in a report on Tuesday. Finally, Susquehanna increased their target price on shares of Churchill Downs from $121.00 to $124.00 and gave the stock a "positive" rating in a research report on Friday, July 31st. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $132.70.

Churchill Downs Company Profile

Churchill Downs Incorporated NASDAQ: CHDN is a gaming, racing and entertainment company best known for operating Churchill Downs Racetrack in Louisville, Kentucky, the home of the Kentucky Derby. The company traces its history to the opening of Churchill Downs in 1875 and has expanded its operations beyond traditional Thoroughbred racing.

Its business activities include live and historical horse racing, pari-mutuel wagering, casino gaming, video lottery and related entertainment offerings.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.