Churchill Downs (CHDN) Expected to Announce Earnings on Wednesday

Churchill Downs (NASDAQ:CHDN) is expected to be announcing 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) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $3.45 EPS for the quarter, meeting analysts’ consensus estimates of $3.45. The firm had revenue of $980.00 million for the quarter, compared to analyst estimates of $977.38 million. Churchill Downs had a return on equity of 42.16% and a net margin of 13.82%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $3.10 EPS. 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 Up 1.3%

NASDAQ CHDN opened at $83.03 on Wednesday. The stock has a fifty day moving average of $83.59 and a 200-day moving average of $86.64. The stock has a market capitalization of $5.79 billion, a P/E ratio of 14.24, a price-to-earnings-growth ratio of 0.79 and a beta of 0.77. Churchill Downs has a 52 week low of $73.08 and a 52 week high of $118.35. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.36 and a current ratio of 0.36.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. JPMorgan Chase & Co. lowered their price objective on Churchill Downs from $123.00 to $118.00 and set an “overweight” rating for the company in a research report on Tuesday. Citizens Jmp cut their target price on shares of Churchill Downs from $137.00 to $131.00 and set a “market outperform” rating on the stock in a research report on Tuesday, October 13th. Truist Financial reduced their target price on shares of Churchill Downs from $145.00 to $140.00 and set a “buy” rating on the stock in a research note on Tuesday. Weiss Ratings upgraded shares of Churchill Downs from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, September 2nd. Finally, Citigroup restated a “market outperform” rating on shares of Churchill Downs in a report on Tuesday, October 13th. Eleven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Churchill Downs has a consensus rating of “Moderate Buy” and an average price target 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.