Investing.com - Churchill Downs reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Churchill Downs announced earnings per share of $1.49 on revenue of $383.10. Analysts polled by Investing.com anticipated EPS of $1.45 on revenue of $397.42M.
Churchill Downs shares are up 102.69% from the beginning of the year and are trading at $203.99 , down-from-52-week-high.
Churchill Downs shares lost 2.16% in after-hours trade following the report.
Churchill Downs follows other major Consumer Discretionary sector earnings this month
Churchill Downs's report follows an earnings beat by Tesla on Wednesday, October 19, 2022, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on Thursday, September 29, 2022 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
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