Key Developments: Speedway Motorsports Inc (TRK)

TRK on New York Consolidated

18.00USD
17 May 2013
Price Change (% chg)

$-0.02 (-0.11%)
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Latest Key Developments (Source: Significant Developments)

Speedway Motorsports Inc Reaffirms FY 2013 EPS Guidance
Wednesday, 1 May 2013 08:00am EDT 

Speedway Motorsports Inc reaffirmed its fiscal 2013 earnings guidance of $0.90 to $1.10 per diluted share from continuing operations. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $1.00 for fiscal 2013.  Full Article

Speedway Motorsports Inc Declares Quarterly Cash Dividend Of 15 Cents Per Share
Tuesday, 16 Apr 2013 06:00pm EDT 

Speedway Motorsports Inc announced that it has declared a quarterly cash dividend of 15 cents per share of common stock. The quarterly dividend will be payable on June 7, 2013, to shareholders of record at the close of business on May 17, 2013.  Full Article

Speedway Motorsports Inc Issues FY 2013 Guidance In Line With Analysts' Estimates
Wednesday, 6 Mar 2013 08:00am EST 

Speedway Motorsports Inc announced that for fiscal 2013, it estimates total revenues of $480-510 million, after tax income from continuing operations of $37-46 million, and diluted earnings per share from continuing operations of $0.90-1.10, excluding possible non-recurring charges. The range of earnings guidance reflects the continuing negative impact of uncertain economic conditions, among other factors. The Company anticipates reflecting sizable non-recurring charges for early redemption premium, unamortized net deferred loan costs and issuance discount, and settlement payment and transaction costs associated with the former debt arrangements. The foregoing guidance excludes such charges. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $506 million, net income of $41 million and EPS of $0.97 for fiscal 2013.  Full Article

Speedway Motorsports Inc Declares Quarterly Cash Dividend
Wednesday, 13 Feb 2013 06:24pm EST 

Speedway Motorsports Inc announced that it has declared a quarterly cash dividend of $0.15 per share of common stock. The quarterly dividend will be payable on March 15, 2013, to shareholders of record at the close of business on March 1, 2013.  Full Article

Speedway Motorsports Inc Lowers FY 2012 EPS Guidance
Wednesday, 31 Oct 2012 08:00am EDT 

Speedway Motorsports Inc revised fiscal 2012 guidance for income from continuing operations to $0.75-$0.95 per diluted share. The wide range of earnings guidance reflects the continuing negative impact of uncertain economic conditions. The guidance also reflects expiration of Infineon Raceway's naming rights agreement and reduced NASCAR ancillary rights revenues. High unemployment and consumer costs, among other factors, continue to significantly impact our results. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report $1.08 for fiscal 2012.  Full Article

Speedway Motorsports Inc Declares Quarterly Cash Dividend Of $0.15 Per Share
Thursday, 18 Oct 2012 06:40pm EDT 

Speedway Motorsports Inc announced that it has declared a quarterly cash dividend of $0.15 per share of common stock. The quarterly dividend will be payable on December 10, 2012, to shareholders of record at the close of business on November 16, 2012.  Full Article

Speedway Motorsports, Inc. Reiterates FY 2012 EPS Guidance
Wednesday, 1 Aug 2012 08:00am EDT 

Speedway Motorsports, Inc. reiterated that second quarter 2012 results are consistent with previous fiscal 2012 earnings guidance of $0.90-$1.20 per diluted share from continuing operations. The wide range of earnings guidance reflects the continuing negative impact of uncertain economic conditions, as well as the timing and pace of economic recovery. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report $1.06 for fiscal 2012.  Full Article

Speedway Motorsports, Inc. Declares Quarterly Cash Dividend of $0.15 Per Share
Friday, 20 Jul 2012 12:17pm EDT 

Speedway Motorsports, Inc. announced that it declared a quarterly cash dividend of $0.15 per share of common stock. The quarterly dividend will be payable on September 7, 2012, to shareholders of record at the close of business on August 17, 2012.  Full Article

Speedway Motorsports, Inc. Reaffirms FY EPS 2012 Guidance
Wednesday, 2 May 2012 08:00am EDT 

Speedway Motorsports, Inc. reaffirmed its fiscal 2012 earnings guidance of $0.90 to $1.20 per diluted share (EPS) from continuing operations. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report $1.06 for fiscal 2012.  Full Article

Speedway Motorsports, Inc. Declares Quarterly Cash Dividend Of $0.15 Per Share
Tuesday, 17 Apr 2012 07:38pm EDT 

Speedway Motorsports, Inc. declared a quarterly cash dividend of $0.15 per share of common stock. The quarterly dividend will be payable on June 8, 2012, to shareholders of record at the close of business on May 18, 2012.  Full Article

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