Speedway: 2Q Earnings Snapshot
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.