International Speedway: Fiscal 2Q Earnings Snapshot
Jul. 05, 2018
DAYTONA BEACH, Fla. (AP) _ International Speedway Corp. (ISCB) on Thursday reported fiscal second-quarter profit of $16.7 million.
On a per-share basis, the Daytona Beach, Florida-based company said it had profit of 38 cents. Earnings, adjusted for non-recurring gains, were 37 cents per share.
The motorsports and entertainment company posted revenue of $171.7 million in the period.
International Speedway expects full-year earnings in the range of $1.90 to $2.10 per share, with revenue in the range of $680 million to $695 million.
International Speedway shares have increased 10 percent since the beginning of the year. The stock has climbed 24 percent in the last 12 months.