Description
Overview of 1st quarter of 2024 fiscal year of Churchill Downs Incorporated.
Goals and Objectives of the Research
Research Objective: To perform a comparative analysis of the Q1FY24 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q1FY24;
- Analyze the collected information;
- Conduct a comparative assessment of the Q1FY24 report with the reports from previous quarters of the current fiscal year and Q1FY23;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company quarterly reports are unaudited.
Document Markup
- FY - Financial Year;
- Q - Quarter;
- CDI - Churchill Downs Incorporated;
- HRM - Historical Racing Machines;
- QoQ - Quarter-over-Quarter;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Churchill Downs Inc Annual Report Period is from January 1 to December 31, 2024;
- The specified financial year coincides with the calendar year.
Short Insights
- Total net revenue is 590.9 million USD, up 5.61% compared to Q1FY23;
- Net income of 80.4 million USD, down 48.36% compared to Q1FY23;
- In Q1FY24 was repurchased 184,821 shares of the company's common stock;
- On January 5, 2024, the company paid a dividend of 0.382 USD per share to shareholders.
