For the quarter ended March 2025, Churchill Downs (CHDN) reported revenue of $642.6 million, up 8.8% over the same period last year. EPS came in at $1.07, compared to $1.13 in the year-ago quarter.

The reported revenue represents a surprise of -0.68% over the Zacks Consensus Estimate of $647 million. With the consensus EPS estimate being $1.08, the EPS surprise was -0.93%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Churchill Downs performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenue- Live and Historical Racing: $276.40 million versus the seven-analyst average estimate of $277.21 million. The reported number represents a year-over-year change of +12.8%.
• Revenue- Gaming: $267.20 million versus the seven-analyst average estimate of $269.78 million. The reported number represents a year-over-year change of +11.7%.
• Net Revenue-Wagering Services & Solutions: $106.90 million compared to the $105.13 million average estimate based on three analysts.
• Adjusted EBITDA- Live and Historical Racing: $102 million versus $106.77 million estimated by three analysts on average.
• Adjusted EBITDA- All Other: -$21.70 million compared to the -$22.53 million average estimate based on three analysts.
• Adjusted EBITDA- Gaming: $123.50 million compared to the $123.83 million average estimate based on three analysts.
• Adjusted EBITDA-Wagering Services & Solutions: $41.30 million versus $39 million estimated by three analysts on average.

View all Key Company Metrics for Churchill Downs here>>>

Shares of Churchill Downs have returned -8.9% over the past month versus the Zacks S&P 500 composite's -6.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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