Churchill Downs (CHDN) reported Q3 adjusted earnings late Wednesday of $1.09 per diluted share, up from $0.97 a year ago.
Analysts polled by FactSet expected $0.98.
Net revenue for the quarter ended Sept. 30 was $683.0 million, up from $628.5 million a year earlier.
Analysts surveyed by FactSet expected $672.2 million.
The firm said its board approved an annual dividend of $0.438 per share, a 7% increase over the prior year. The dividend is payable on Jan. 6, 2026, to shareholders of record Dec. 5, 2025.
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