Churchill Downs (CHDN) Expected to Announce Earnings on Wednesday

Churchill Downs (NASDAQ:CHDN) will likely be releasing its Q3 2025 results after the market closes on Wednesday, October 22nd. Analysts expect Churchill Downs to post earnings of $1.00 per share and revenue of $671.4290 million for the quarter. Interested persons may visit the the company’s upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Thursday, October 23, 2025 at 8:00 AM ET.

Churchill Downs (NASDAQ:CHDN) last posted its quarterly earnings data on Wednesday, July 23rd. The company reported $3.10 earnings per share for the quarter, beating analysts’ consensus estimates of $3.03 by $0.07. The firm had revenue of $934.40 million for the quarter, compared to analyst estimates of $924.36 million. Churchill Downs had a net margin of 15.22% and a return on equity of 41.46%. Churchill Downs’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the firm posted $2.89 EPS. On average, analysts expect Churchill Downs to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Churchill Downs Price Performance

Shares of NASDAQ CHDN opened at $90.53 on Monday. The firm has a market capitalization of $6.35 billion, a P/E ratio of 15.55, a PEG ratio of 1.69 and a beta of 0.83. Churchill Downs has a one year low of $85.58 and a one year high of $150.21. The company’s fifty day moving average is $97.91 and its two-hundred day moving average is $99.40. The company has a debt-to-equity ratio of 4.74, a quick ratio of 0.60 and a current ratio of 0.60.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CHDN. Geneos Wealth Management Inc. raised its stake in shares of Churchill Downs by 1,364.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the company’s stock worth $28,000 after buying an additional 232 shares during the last quarter. State of Wyoming raised its stake in Churchill Downs by 158.1% in the 2nd quarter. State of Wyoming now owns 1,399 shares of the company’s stock valued at $141,000 after purchasing an additional 857 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Churchill Downs in the 2nd quarter valued at about $229,000. Cetera Investment Advisers raised its stake in Churchill Downs by 6.5% in the 2nd quarter. Cetera Investment Advisers now owns 3,133 shares of the company’s stock valued at $316,000 after purchasing an additional 192 shares during the last quarter. Finally, Nebula Research & Development LLC raised its stake in Churchill Downs by 4.8% in the 2nd quarter. Nebula Research & Development LLC now owns 3,421 shares of the company’s stock valued at $346,000 after purchasing an additional 158 shares during the last quarter. Institutional investors and hedge funds own 82.59% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Susquehanna boosted their target price on shares of Churchill Downs from $121.00 to $126.00 and gave the stock a “positive” rating in a research report on Wednesday, July 23rd. Macquarie boosted their target price on shares of Churchill Downs from $150.00 to $155.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Truist Financial decreased their target price on shares of Churchill Downs from $150.00 to $145.00 and set a “buy” rating on the stock in a research report on Wednesday, July 16th. Barclays boosted their target price on shares of Churchill Downs from $127.00 to $131.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Finally, Stifel Nicolaus boosted their target price on shares of Churchill Downs from $130.00 to $133.00 and gave the stock a “buy” rating in a research report on Friday, July 11th. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $137.70.

About Churchill Downs

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; casino gaming; and Terre Haute Casino Resort.