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International Speedway Corp Q3 adjusted earnings Beat Estimates

International Speedway Corp (ISCB.OB) reported earnings for its third quarter that increased from the same period last year.

The company's profit came in at $12.03 million, or $0.27 per share. This compares with $0.27 million, or $0.01 per share, in last year's third quarter.

Excluding items, International Speedway Corp reported adjusted earnings of $11.62 million or $0.26 per share for the period.

Analysts had expected the company to earn $0.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.7% to $159.28 million from $131.94 million last year.

International Speedway Corp earnings at a glance:

-Earnings (Q3): $11.62 Mln. vs. $2.87 Mln. last year.
-EPS (Q3): $0.26 vs. $0.06 last year.
-Analysts Estimate: $0.22
-Revenue (Q3): $159.28 Mln vs. $131.94 Mln last year.

Full year EPS guidance: $1.90 - $1.95
Full year revenue guidance: $675 - $675 Mln

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