Key Developments: International Speedway Corp (ISCA.OQ)
32.28USD
1 Jul 2013
$0.81 (+2.57%)
$31.47
$31.67
$32.32
$31.35
45,286
47,822
$35.75
$24.22
Latest Key Developments (Source: Significant Developments)
International Speedway Corp Announces Increase In Annual Dividend
International Speedway Corp announced that it declared an annual dividend of $0.22 per share, payable on June 28, 2013, to common stockholders of record on May 31, 2013. ISC paid an annual dividend of $0.20 per share in 2012. Full Article
International Speedway Corp Reaffirms FY 2013 Guidance
International Speedway Corp reaffirmed fiscal 2013 guidance and expects total revenue in a range of $610.0 million to $625.0 million. The Company is maintaining its fiscal 2013 non-GAAP earnings range of $1.35 to $1.55 per diluted share (EPS) after-tax. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $620 million and EPS of $1.46 for fiscal 2013. Full Article
International Speedway Corp Reaffirms FY 2013 Revenue Guidance-Conference Call
International Speedway Corp announced that for fiscal 2013, it is targeting revenues from $610 million to $625 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $620 million for fiscal 2013. Full Article
International Speedway Corp Issues FY 2013 Guidance; EPS Guidance Below Analysts' Estimates
International Speedway Corp announced that for fiscal 2013, it expects total revenues to range between $610 million and $625 million and non-GAAP earnings of between $1.35 and $1.55 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $623 million and EPS of $1.65 for fiscal 2013. Full Article
International Speedway Corp Sees FY 2012 Revenue At Low End Of Prior Guidance; Lowers FY 2102 EPS Guidance
International Speedway Corp announced that it is maintaining the low end of its fiscal 2012 revenue guidance of $610.0 million. The Company expects fiscal 2012 non-GAAP earnings per share(EPS) to be below the previous provided guidance of $1.50 per diluted share. The primary reasons for the shortfall on non-GAAP earnings per share relates to the Company's aggregate outlook on the performance of fourth quarter motorsports events and previously mentioned lower than budgeted equity net income from the Hollywood Casino at Kansas Speedway. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $621 million and EPS of $1.56 for fiscal 2012. Full Article
International Speedway Corp Announces Closing Of Senior Unsecured Notes Offering
International Speedway Corp announced that the closing of $100.0 million in aggregate principal amount of its 3.95 % senior unsecured notes due 2024 (Notes) in a private placement. The Notes will rank pari passu in right of repayment with the Company's other unsecured senior debt. The Notes will pay interest on a semi-annual basis commencing six months from the date of Closing. Full Article
International Speedway Corporation Reiterates FY 2012 Guidance
International Speedway Corporation reiterated fiscal 2012 guidance and expects total revenue in the range of $610.0-$630.0 million, non-GAAP earnings range of $1.50 to $1.60 per diluted share after-tax. The Company is more comfortable at the low end of the ranges. Fiscal 2012 guidance excludes any future loss or gain on impairment or disposal of long-lived assets which could be recorded as part of capital improvements resulting in removal of assets not fully depreciated; gain or loss on the sale of its Staten Island property; unanticipated further impairment of the property and the ongoing carrying costs; legal settlement; and the loss on early redemption of debt. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $621 million and EPS of $1.60 for fiscal 2012. Full Article
International Speedway Corporation Announces Increase In Annual Dividend
International Speedway Corporation(ISC) announced that it declared an annual dividend of $0.20 per share, payable on June 29, 2012, to common stockholders of record on May 31, 2012. ISC paid an annual dividend of $0.18 per share in 2011. Full Article
International Speedway Corporation Reaffirms FY 2012 Guidance
International Speedway Corporation reaffirmed fiscal 2012 guidance and expects total revenue to be in the range of $610.0-$630.0 million and non-GAAP earnings range of $1.50 to $1.60 per diluted share (EPS) after-tax. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $627 million for fiscal 2012. Full Article
International Speedway Corporation Issues FY 2012 Guidance; Revenue Guidance Below Analysts' Estimates
International Speedway Corporation announced that for fiscal 2012, it anticipates total revenues in the range of $610 million and $630 million and non-GAAP earnings are expected to range between $1.50 and $1.60 per diluted share (EPS) after-tax. The Company's fiscal 2012 guidance excludes any future loss or gain on impairment or disposal of long-lived assets which could be recorded as part of capital improvements resulting in removal of assets not fully depreciated; gain or loss on the sale of its Staten Island property, unanticipated further impairment of the property and the ongoing carrying costs; and the loss on early redemption of debt. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $632 million and EPS of $1.60 for fiscal 2012. Full Article
Analysis: U.S. economy, more than scary crashes, threatens Nascar
- Horrific race car crashes - like the one at Daytona last week that injured about 30 spectators - are a black eye for the sport. But it's the U.S. economy that is dragging down racetrack operators like International Speedway Corp.
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