LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Churchill Downs Inc. (CHDN) on Wednesday reported profit of $83 million in its first quarter.
On a per-share basis, the Louisville, Kentucky-based company said it had profit of $1.16. Earnings, adjusted for non-recurring costs, came to $1.21 per share.
The racetrack operator and gambling company posted revenue of $663 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $662 million.
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