Canterbury Park Q2 revenue falls 3.3%

Reuters

Aug 08, 2025

Canterbury Park <a href="https://laohu8.com/S/QTWO">Q2</a> revenue falls 3.3%

Overview

Canterbury Park Q2 net revenues fall 3.3% to $15.7 mln
Company reports Q2 net loss of $327,000, basic EPS of -$0.06
Adjusted EBITDA declines 22.2% to $1.9 mln amid increased competition

Outlook

Company focuses on expanding marketing to attract high-value guests
Canterbury, which owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, exploring additional trackside development opportunities
Company plans more large-scale events for remainder of 2025
Canterbury expects TIF receivables payments to begin in Q4 2025

Result Drivers

COMPETITION IMPACT - Increased competition led to declines in casino and pari-mutuel revenues
WEATHER EFFECTS - Inclement weather resulted in fewer live race days, impacting pari-mutuel and F&B revenues
EVENT REVENUE - Strong admission revenues for live racing and special events boosted other revenues

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue		$15.67 mln
Q2 EPS		-$0.06
Q2 Net Income		-$327,000
Q2 Adjusted EBITDA		$1.87 mln
Q2 Basic EPS		-$0.06

Press Release: ID:nGNX2s7323

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CPHC","symbol_name":"坎特伯雷帕克控股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250807:nPLXD4C9FF:1","article_id":"2557949695","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557949695","pubTimestamp":1754602072,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Canterbury Park Q2 revenue falls 3.3%OverviewCanterbury Park Q2 net revenues fall 3.3% to $15.7 mlnCompany reports Q2 net loss of $327,000, basic EPS of -$0.06Adjusted EBITDA declines 22.2% to $1.9 ml","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CPHC":"坎特伯雷帕克控股"},"translate_title":"坎特伯雷公园第二季度收入下降3.3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CPHC":0.9},"content_text":"Canterbury Park Q2 revenue falls 3.3%OverviewCanterbury Park Q2 net revenues fall 3.3% to $15.7 mlnCompany reports Q2 net loss of $327,000, basic EPS of -$0.06Adjusted EBITDA declines 22.2% to $1.9 mln amid increased competitionOutlookCompany focuses on expanding marketing to attract high-value guestsCanterbury, which owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, exploring additional trackside development opportunitiesCompany plans more large-scale events for remainder of 2025Canterbury expects TIF receivables payments to begin in Q4 2025Result DriversCOMPETITION IMPACT - Increased competition led to declines in casino and pari-mutuel revenuesWEATHER EFFECTS - Inclement weather resulted in fewer live race days, impacting pari-mutuel and F&B revenuesEVENT REVENUE - Strong admission revenues for live racing and special events boosted other revenuesKey DetailsMetricBeat/MissActualConsensus EstimateQ2 Revenue$15.67 mlnQ2 EPS-$0.06Q2 Net Income-$327,000Q2 Adjusted EBITDA$1.87 mlnQ2 Basic EPS-$0.06Press Release: ID:nGNX2s7323(This story was created using Reuters automation and AI based on LSEG and company data. 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