04:18 PM EDT, 07/23/2025 (MT Newswires) -- Churchill Downs (CHDN) reported Q2 adjusted earnings late Wednesday of $3.10 per diluted share, up from $2.89 a year earlier.

Analysts polled by FactSet expected $2.99.

Revenue for the quarter ended June 30 was $934.4 million, up from $890.7 million a year earlier.

Analysts surveyed by FactSet expected $924.2 million.

Churchill Downs also said its board approved a $500 million share repurchase program, replacing the prior $500 million program authorized in March.