2024-04-25 13:41:06 ET
Churchill Downs Incorporated (CHDN)
Q1 2024 Earnings Conference Call
April 25, 2024 09:00 ET
Company Participants
Phil Forbis - Investor Relations
Bill Carstanjen - Chief Executive Officer
Bill Mudd - President and Chief Operating Officer
Marcia Dall - Chief Financial Officer
Brad Blackwell - General Counsel
Conference Call Participants
David Katz - Jefferies
Barry Jonas - Truist
Chad Beynon - Macquarie
Jordan Bender - JMP Securities
Jeff Stantial - Stifel
Joe Stauff - Susquehanna
Dan Politzer - Wells Fargo
Daniel Guglielmo - Capital One Securities
Shaun Kelley - Bank of America
Ben Chaiken - Mizuho
Presentation
Operator
Good day, ladies and gentlemen and welcome to the Churchill Downs Incorporated 2024 First Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to introduce your host for today’s conference, Mr. Phil Forbis, Vice President, Financial Planning and Analysis and Treasury.
Phil Forbis
Thank you, Andrew. Good morning and welcome to our first quarter 2024 earnings conference call. After the company’s prepared remarks, we will open the call for your questions. The company’s 2024 first quarter business results were released yesterday afternoon. A copy of this release announcing results and other financial and statistical information about the period to be presented in this conference call, including information required by Regulation G, is available at the section of the company’s website titled News, located at churchilldownsincorporated.com as well as in the website’s Investors section.
Before we get started, I would like to remind you that some of the statements that we make today may include forward-looking statements. These statements involve a number of risks and uncertainties that could cause actual results to differ materially. All forward-looking statements should be considered in conjunction with the cautionary statements in our earnings release and the risk factors included in our filings with the SEC, specifically the most recent reports on Form 10-Q and Form 10-K. Any forward-looking statements that we make are based on assumptions as of today and we undertake no obligation to update these statements as a result of new information or future events.
During this call, we will present both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in yesterday’s earnings press release. The press release and Form 10-Q are available on our website at churchilldownsincorporated.com....
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Churchill Downs Incorporated (CHDN) Q1 2024 Earnings Call Transcript