Q2 FY2026 EarningsQ2 FY26 results were slightly above consensus on the top line, with record revenue of $980M (+5% YoY) vs. $978.3M expected. Adjusted Diluted EPS of $3.45 beat the $3.43 mean estimate, driven by a record-breaking Kentucky Derby Week and strong performance in the Live and Historical Racing segment ($575M revenue). Adjusted EBITDA grew 6% YoY to $477M, while net bank leverage remains managed at 3.7x.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Churchill Downs(CHDN) the Revenue is 980 M (+4.88%), Beat estimate;the EBIT is 357 M (+8.94%), Miss estimate;the EPS is 3.42 (+14.38%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.98B4.88%
0.98B4.60%
+0.00B0.28%
EBITMiss expectations
0.36B8.94%
0.37B12.70%
-0.01B3.76%
EPSMiss expectations
3.4214.38%
3.459115.69%
-0.03911.31%
Upcoming earnings report - Q3 FY2026
Available dateOct 28, 2026
Estimate Revenue$701.7 M
Estimate EBIT$153.37 M
Estimate EPS$1.2867
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EBIT
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Net income
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EPS
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