Churchill Downs (CHDN) Set to Announce Quarterly Earnings on Wednesday

Churchill Downs (NASDAQ:CHDN) will likely be issuing its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $1.13 per share and revenue of $695.16 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 29, 2026 at 9:00 AM ET.

Churchill Downs (NASDAQ:CHDN) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $3.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $3.45. Churchill Downs had a net margin of 13.82% and a return on equity of 42.16%. The company had revenue of $980.00 million for the quarter, compared to analyst estimates of $977.38 million. During the same period last year, the business posted $3.10 EPS. The business’s quarterly revenue was up 4.9% on a year-over-year basis. On average, analysts expect Churchill Downs to post $6.99 EPS for the current fiscal year and $7.49 EPS for the next fiscal year.

Churchill Downs Stock Performance

NASDAQ:CHDN opened at $84.04 on Tuesday. The firm’s 50-day moving average is $83.19 and its 200-day moving average is $88.71. 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. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 0.88 and a beta of 0.77.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CHDN shares. Susquehanna decreased their target price on Churchill Downs from $124.00 to $115.00 and set a “positive” rating on the stock in a research report on Wednesday, October 21st. Citizens Jmp lowered their price target on Churchill Downs from $137.00 to $131.00 and set a “market outperform” rating on the stock in a research note on Tuesday, October 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Churchill Downs in a report on Thursday, July 2nd. Mizuho raised their price objective on Churchill Downs from $155.00 to $157.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Finally, Wolfe Research initiated coverage on Churchill Downs in a research report on Wednesday, September 2nd. They issued an “outperform” rating and a $119.00 price objective for the company. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $128.88.

About Churchill Downs

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.