Speedway: 2Q Earnings Snapshot

August 1, 2018

CONCORD, N.C. (AP) _ Speedway Motorsports Inc. (TRK) on Wednesday reported second-quarter earnings of $31.9 million.

On a per-share basis, the Concord, North Carolina-based company said it had profit of 78 cents. Earnings, adjusted for pretax gains, were 75 cents per share.

The racetrack operator posted revenue of $165.8 million in the period.

Speedway expects full-year earnings in the range of $1 to $1.20 per share.

Speedway shares have declined 6.5 percent since the beginning of the year. The stock has declined 17 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRK at https://www.zacks.com/ap/TRK

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