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Speedway: 2Q Earnings Snapshot

July 31, 2019

CONCORD, N.C. (AP) _ Speedway Motorsports Inc. (TRK) on Wednesday reported second-quarter earnings of $17.4 million.

On a per-share basis, the Concord, North Carolina-based company said it had net income of 43 cents. Earnings, adjusted for non-recurring costs, were 44 cents per share.

The racetrack operator posted revenue of $141.9 million in the period.

Speedway expects full-year earnings in the range of 90 cents to $1.10 per share.

Speedway shares have climbed 22% since the beginning of the year. The stock has climbed 15% 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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