LOUISVILLE, Ky. (AP) _ Churchill Downs Inc. (CHDN) on Wednesday reported fourth-quarter profit of $4 million.
On a per-share basis, the Louisville, Kentucky-based company said it had profit of 10 cents. Earnings, adjusted for one-time gains and costs, came to 42 cents per share.
The racetrack operator and gambling company posted revenue of $280.6 million in the period.
For the year, the company reported profit of $137.5 million, or $3.38 per share. Revenue was reported as $1.33 billion.
Churchill Downs shares have increased 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $145.44, a climb of 49% in the last 12 months.