International Speedway Reaffirms FY19 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the second quarter on Wednesday, International Speedway Corp. (ISCA, ISCB.OB) reaffirmed its adjusted earnings and revenue guidance for the full-year 2019.

For fiscal 2019, the company continues to expect adjusted earnings in the range of $1.85 to $2.15 per share on projected revenues between $685.0 million and $705.0 million.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.00 per share on revenues of $696.73 million for the year. Analysts' estimates typically exclude special items.

The company said it has a long-term capital allocation plan that extends through fiscal 2021 and are well positioned to balance the strategic capital needs of its business with returning capital to its shareholders.