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CHDN Q2 adj EPS $3.45 beats est

CHDN reports Q2 earnings beat

CHDN

CHDN Q2 adj EPS $3.45 vs. est. $3.42; Q2 revs rose 5% Y/y to $980M vs. est. $978.1M; Q2 Adjusted EBITDA and net Income hit all-time highs, with net Income up 11% Y/y; said record Kentucky Derby Week drove higher Broadcast, ticketing, sponsorship, and wagering revenues; explores sale of nine regional Gaming properties.