Churchill Downs Incorporated Reports Third Quarter 2026 Financial Results

Churchill Downs Incorporated reported record third-quarter 2026 net revenue of $696 million, up 2% year over year, and record net income attributable to CDI of $80 million. Adjusted earnings per share were $1.23, above the FactSet consensus of $1.13, while revenue also exceeded the $695.2 million estimate. Growth at Kentucky HRM venues and Churchill Downs Racetrack offset declines at other regional properties and in sports betting operations.