International Speedway Earnings Preview
International Speedway (NAS: ISCA) hasn't been able to establish an earnings trend, bouncing between beating and falling short of estimates during the past fiscal year. The company will unveil its latest earnings on Tuesday. International Speedway is an owner of major motorsports entertainment facilities and promoter of motorsports-themed entertainment activities in the United States.
What analysts say:
- Buy, sell, or hold?: Analysts strongly back International Speedway, with three of four rating it a buy and the remainder rating it a hold. Analysts don't like International Speedway as much as competitor Churchill Downs overall. Analysts haven't adjusted their rating of International Speedway for the past three months.
- Revenue forecasts: On average, analysts predict $134.5 million in revenue this quarter. That would represent a decline of 9.5% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.43 per share. Estimates range from $0.35 to $0.50.
What our community says:
CAPS All-Stars are solidly supporting the stock, with 86.8% giving it an outperform rating. The greater community concurs with the All-Stars, as 86.6% give it a rating of outperform. Despite the majority sentiment in favor of International Speedway, the stock has a middling CAPS rating of three out of five stars.
International Speedway's profit has risen year-over-year by an average of 60.3% over the past five quarters.
One final thing: If you want to keep tabs on International Speedway movements, and for more analysis on the company, make sure you add it to your watchlist.
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At the time this article was published