2024-02-22 16:29:09 ET
Churchill Downs Incorporated (CHDN)
Q4 2023 Earnings Conference Call
February 22, 2024, 9:00 AM ET
Company Participants
Phil Forbis - Vice President, Financial Planning and Analysis and Treasury
Bill Carstanjen - Chief Executive Officer
Bill Mudd - President and COO
Marcia Dall - Chief Financial Officer
Brad Blackwell - General Counsel
Conference Call Participants
David Katz - Jefferies
Ramin Sobhany - Truist Securities
Chad Beynon - Macquarie
Jordan Bender - JMP Securities
Jeff Stantial - Stifel
Joe Stauff - SIG
Daniel Guglielmo - Capital One Securities
Shaun Kelley - Bank of America
Dan Politzer - Wells Fargo
Presentation
Operator
Good day, ladies and gentlemen. And welcome to the Churchill Downs Incorporated 2023 Fourth Quarter and Year Endings Conference Call. At this time, all participants are in a listen only mode. Later, we’ll conduct a question-and-answer session, and instructions will be given at that time. 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 fourth quarter and year end 2023 earnings conference call. After the company’s prepared remarks, we will open the call for your questions. The company’s 2023 fourth quarter and year end 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 Investor 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 report on 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-K are available on our website at churchilldownsincorporated.com.
And now, I’ll turn the call over to our Chief Executive Officer, Mr. Bill Carstanjen.
Bill Carstanjen
Thanks, Phil. Good morning, everyone. With me today are several members of our team, including Bill Mudd, our President and Chief Operating Officer; Marcia Dall, our Chief Financial Officer; and Brad Blackwell, our General Counsel.
I’ll share some high level thoughts on several strategic topics, and then Marcia will provide insight on our financial results, as well as an update on our capital management strategy. After she finishes, we will take your questions....
Read the full article on Seeking Alpha
For further details see:
Churchill Downs Incorporated (CHDN) Q4 2023 Earnings Call Transcript