Churchill Downs Q2 Revenue Rises 4.9% to $980 Million

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

Churchill Downs reported second-quarter revenue of $980 million, up 4.9% year over year, in line with analyst expectations. The company also narrowly beat EBITDA estimates. Among the six gaming solutions stocks tracked, Rush Street Interactive posted the strongest results with revenue up 46.3% to $393.8 million, while PlayStudios was the weakest with revenue down 7.3% to $54.99 million. DraftKings revenue fell 4.6% to $1.44 billion, missing estimates, and Accel Entertainment revenue rose 9.6% to $368.1 million, beating expectations. Shares of the group have fallen an average of 6.2% since reporting.

Impact on stocks 5

Consumer Discretionary± Mixed · 4 stocks
DraftKings Inc
DKNG
▼ NegativeCapitalrelevance

Revenue fell 4.6% to $1.44 billion, missing estimates.

Communication Services▼ · 1 stocks
Playstudios Inc
MYPS
▼ NegativeCapitalrelevance

Revenue down 7.3% to $54.99 million, weakest in group.

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