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International Speedway Corp Q2 adjusted earnings Miss Estimates

International Speedway Corp (ISCB.OB) released a profit for second quarter that decreased from the same period last year.

The company's profit totaled $15.07 million, or $0.35 per share. This compares with $16.67 million, or $0.38 per share, in last year's second quarter.

Excluding items, International Speedway Corp reported adjusted earnings of $15.85 million or $0.36 per share for the period.

Analysts had expected the company to earn $0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.1% to $168.08 million from $171.68 million last year.

International Speedway Corp earnings at a glance:

-Earnings (Q2): $15.85 Mln. vs. $16.45 Mln. last year.
-EPS (Q2): $0.36 vs. $0.37 last year.
-Analysts Estimate: $0.39
-Revenue (Q2): $168.08 Mln vs. $171.68 Mln last year.

-Guidance:
Full year EPS guidance: $1.85 to $2.15
Full year revenue guidance: $685 - $705 Mln

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