International Speedway Corporation (NASDAQ:ISCA) issued an update on its FY17 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.50-1.65 for the period, compared to the Thomson Reuters consensus estimate of $1.54. The company issued revenue guidance of $660-670.0 million, compared to the consensus revenue estimate of $664.14 million.

Shares of International Speedway Corporation (ISCA) traded up 0.32% during trading on Friday, hitting $39.30. The company had a trading volume of 114,500 shares. The company’s 50 day moving average is $36.14 and its 200 day moving average is $36.01. The firm has a market capitalization of $1.76 billion, a P/E ratio of 25.74 and a beta of 1.15. International Speedway Corporation has a 1-year low of $30.30 and a 1-year high of $40.31.

International Speedway Corporation (NASDAQ:ISCA) last posted its quarterly earnings results on Thursday, October 5th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. International Speedway Corporation had a return on equity of 5.05% and a net margin of 10.07%. The business had revenue of $131.90 million during the quarter, compared to analyst estimates of $128.82 million. During the same period in the prior year, the business earned $0.03 earnings per share. The business’s revenue was up 2.2% compared to the same quarter last year. Analysts anticipate that International Speedway Corporation will post $1.57 earnings per share for the current fiscal year.

ISCA has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded International Speedway Corporation from a hold rating to a buy rating and set a $45.00 price objective on the stock in a report on Tuesday. BidaskClub upgraded International Speedway Corporation from a sell rating to a hold rating in a report on Monday, July 31st. Finally, Citigroup Inc. reiterated a sell rating and issued a $31.00 price objective (up from $30.00) on shares of International Speedway Corporation in a report on Monday, October 9th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $38.50.

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About International Speedway Corporation

Earnings History and Estimates for International Speedway Corporation (NASDAQ:ISCA)

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