Churchill Downs Inc. reported a decrease in profit for the third quarter, with earnings of $38.10 million or $0.54 per share, compared to $65.40 million or $0.86 per share last year. However, the company beat Street estimates with adjusted earnings of $77.10 million or $1.09 per share, exceeding analysts’ expectations of $0.98 per share. Revenue for the period rose 8.7% to $683.00 million from $628.50 million last year. These figures show a mixed performance for Churchill Downs Inc. in the third quarter.

Read more at Nasdaq: Churchill Downs Inc. Q3 Profit Decreases, But Beats Estimates