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International Speedway Corp Q3 Earnings Climb 106%

International Speedway Corp (ISCB.OB) released a profit for its third quarter that advanced from last year.

The company said its bottom line rose to $2.87 million, or $0.06 per share. This was higher than $1.39 million, or $0.03 per share, in last year's third quarter.

Analysts had expected the company to earn $0.03 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.3% to $131.94 million. This was up from $128.99 million last year.

International Speedway Corp earnings at a glance:

-Earnings (Q3): $2.87 Mln. vs. $1.39 Mln. last year.
-Earnings Growth (Y-o-Y): 106.5%
-EPS (Q3): $0.06 vs. $0.03 last year.
-EPS Growth (Y-o-Y): 100%
-Analysts Estimate: $0.03
-Revenue (Q3): $131.94 Mln vs. $128.99 Mln last year.
-Revenue Change (Y-o-Y): 2.3%

-Guidance:
Full year EPS guidance: $1.50 - $1.65
Full year revenue guidance: $660 - $670 Mln

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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