Churchill Downs (CHDN) to Release Quarterly Earnings on Wednesday

Churchill Downs (NASDAQ:CHDN) is anticipated to issue its Q3 2025 results after the market closes on Wednesday, October 22nd. Analysts expect the company to announce earnings of $1.00 per share and revenue of $671.4290 million for the quarter. Parties may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Thursday, October 23, 2025 at 8:00 AM ET.

Churchill Downs (NASDAQ:CHDN) last released its earnings results on Wednesday, July 23rd. The company reported $3.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.03 by $0.07. Churchill Downs had a net margin of 15.22% and a return on equity of 41.46%. The business had revenue of $934.40 million for the quarter, compared to analysts’ expectations of $924.36 million. During the same period last year, the company earned $2.89 earnings per share. The company’s quarterly revenue was up 4.9% on a year-over-year basis. 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

CHDN opened at $95.68 on Tuesday. The stock has a market capitalization of $6.71 billion, a PE ratio of 16.44, a P/E/G ratio of 1.69 and a beta of 0.83. The company has a debt-to-equity ratio of 4.74, a quick ratio of 0.60 and a current ratio of 0.60. Churchill Downs has a 1 year low of $85.58 and a 1 year high of $150.21. The company’s 50 day simple moving average is $97.82 and its 200 day simple moving average is $99.35.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Truist Financial reduced their price target 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. Stifel Nicolaus boosted their target price on shares of Churchill Downs from $130.00 to $133.00 and gave the company a “buy” rating in a research note on Friday, July 11th. Barclays boosted their target price on shares of Churchill Downs from $127.00 to $131.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Mizuho boosted their price target on shares of Churchill Downs from $134.00 to $136.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. Finally, Macquarie upped their price objective on shares of Churchill Downs from $150.00 to $155.00 and gave the stock an “outperform” rating in a report on Monday, July 28th. Ten investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $137.70.

Institutional Trading of Churchill Downs

Institutional investors and hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. raised its holdings in 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 period. State of Wyoming increased its holdings in shares of 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 period. Sivia Capital Partners LLC bought a new stake in shares of Churchill Downs in the 2nd quarter valued at approximately $229,000. Cetera Investment Advisers grew its stake in shares of 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 buying an additional 192 shares in the last quarter. Finally, Nebula Research & Development LLC grew its stake in shares of 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 buying an additional 158 shares in the last quarter. Institutional investors and hedge funds own 82.59% of the company’s stock.

Churchill Downs Company Profile

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.