Core Viewpoint - Churchill Downs reported quarterly earnings of 1.07pershare,missingtheZacksConsensusEstimateof1.08 per share, and down from 1.13pershareayearago,indicatinganegativeearningssurpriseof−0.93642.6 million for the quarter, which also fell short of the Zacks Consensus Estimate by 0.68%, but showed an increase from 590.9millionyear−over−year[2]FinancialPerformance−Overthelastfourquarters,ChurchillDownshassurpassedconsensusEPSestimatestwotimes[2]−Thecompanyhasalsotoppedconsensusrevenueestimatestwotimesinthesameperiod[2]−Year−to−date,ChurchillDownsshareshavedeclinedapproximately22.93.24 on revenues of 942.99million,andforthecurrentfiscalyear,itis6.58 on revenues of $2.94 billion [7] Industry Context - The Gaming industry, to which Churchill Downs belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact the stock's performance [5][6]