International Speedway CorporationNASDAQ
Thu, Oct. 6, 7:35 AM
Wed, Oct. 5, 5:30 PM| Wed, Oct. 5, 5:30 PM
Mon, Oct. 3, 6:17 AM
- Fifteen years after the decimalization of stock trading, a pilot program will widen "tick sizes" to five-cent increments rather than pennies for some stocks starting today.
- The move, set in motion by the SEC a couple of years ago, is designed to see whether nickel increments can boost trading in smaller-cap stocks.
- The program starts today with 10 stocks, including International Speedway (NASDAQ:ISCA) and Bankrate (NYSE:RATE), and by the end of October will include about 1,200 firms.
- A possible downside is higher trading costs, even as market makers tend to profit from wider bid/ask spreads. Some observers says hopes for better liquidity are overstated, partly because bid-offer spreads of many of the pilot's issuers are already wider than a nickel.
Wed, Sep. 28, 2:09 PM
- International Speedway (NASDAQ:ISCA) extended its $300M revolving credit facility from November 2017 to September 2021 and grants two one-year extension options.
- The current pricing is LIBOR + 1.250%, based on the Company’s most recent leverage ratio.
- The Facility can continue to be utilized for general corporate purposes, including external growth opportunities.
- Daniel W. Houser, ISC Executive VP and CFO, said, "We appreciate the continuing support of our lending group, which is an endorsement of the Company's strength. Maintaining a solid financial position, we are able to take advantage of the favorable market conditions as they arise.
- Press Release
Tue, Jul. 5, 8:04 AM
- International Speedway (NASDAQ:ISCA) reports an 8% drop in admissions revenue in Q2 to $30.473M. Higher motorsport and other event sales during the quarter helped to offset the dip.
- "We remain confident that our consumer marketing initiatives are working and positioning ISC for continued growth," reads the release from ISCA.
- Looking ahead, the company narrows guidance for FY16 EPS to $658M to $665M vs. $666M consensus and EPS to $1.45 to $1.55 vs. $1.55 consensus. The opening of the synergy-creating One Daytona is set for 2017.
- Previously: International Speedway misses by $0.03, beats on revenue (July 5)
- ISCA +2.28% premarket to $35.00.
Tue, Jul. 5, 7:32 AM
Mon, Jul. 4, 5:30 PM
Wed, Apr. 13, 3:06 PM
- International Speedway (NASDAQ:ISCA) declares $0.41/share annual dividend, 57.7% increase from prior dividend of $0.26.
- Forward yield 1.17%
- Payable June 30; for shareholders of record May 31; ex-div May 26.
Tue, Apr. 5, 8:50 AM
- Profit rose 33% for International Speedway (NASDAQ:ISCA) in Q1 as strong results at Daytona contributed.
- Overall motorsports admissions revenue increased 13% Y/Y to $98.7M during the quarter.
- The company notes that Nascar is going more mainstream with the number of Fortune 500 companies on board as advertisers up 20% over the last eight years.
- Guidance for 2016 includes an expectation for revenue of $660M to $670M vs. $672M and EPS of $1.45 to $1.60 vs. $1.56 consensus.
- Previously: International Speedway beats by $0.03, misses on revenue (April 5)
- ISCA +0.11% premarket to $36.30.
Tue, Apr. 5, 7:32 AM
- International Speedway (NASDAQ:ISCA): Q1 EPS of $0.44 beats by $0.03.
- Revenue of $142.6M (+4.4% Y/Y) misses by $3.49M.
Mon, Apr. 4, 5:30 PM
Mon, Mar. 14, 12:13 PM
- Nasdaq is making annual changes to its U.S. Broad Dividend Achievers Index, adding AFG, AMP, ATRI, BOBE, BOKF, CMI, CNP, CTWS, DAKT, GK, ISCA, MNRO, NHC, NWE, OKS, SRCE, STE, STON, SXT, THG, TLP, TMK, and TRV.
- To be dropped: ARG, COP, DRI, NC, STR, THFF, VSEC, WMB.
- The index is comprised of stocks with at least ten straight years of boosting annual dividend payments, and is tracked by the Vanguard Dividend Appreciation ETF (NYSEARCA:VIG).
- The changes become effective ahead of the open on March 21.
Tue, Jan. 26, 8:37 AM
- International Speedway (NASDAQ:ISCA) reports admission revenue rose 12.3% to $42.31M in Q4.
- Motorsports and other event related revenue grew 17.8% to $162.7M.
- Food, beverage, and merchandise revenue dropped 46.3% to $10.45M.
- G&A expenses increased 8% to $30.64M.
- FY2016 Guidance: Revenue: $660M to $670M; Non-GAAP EBITDA: $215M to $225M; EBITDA margin: 32.5% to 33.5%; D&A expense: $100M to $105M; Non-GAAP operating margin: 16.5% to 18%; Tax rate: 38.5% to 39%; Non-GAAP diluted EPS: $1.45 to $1.60.
Tue, Jan. 26, 7:37 AM
- International Speedway (NASDAQ:ISCA): Q4 EPS of $0.74 beats by $0.07.
- Revenue of $219.32M (+9.8% Y/Y) beats by $2.34M.
Oct. 28, 2015, 8:23 AM| Oct. 28, 2015, 8:23 AM
Oct. 8, 2015, 8:52 AM
- International Speedway (NASDAQ:ISCA) reports admission revenue rose 9.3% Y/Y to $26.27M in Q3.
- Motorsports related revenue fell 5.4% to $81.99M.
- Food, beverage, and merchandise revenues grew 66.2% to $17.49M.
- G&A expenses increased 2.7% to $28.19M.
- FY2015 Guidance: Revenue: $635M to $640M; EBITDA margin: 30% to 30.5%; D&A expense: $93M to $97M; Operating margin: 16% to 16.5%; Tax rate: 38.5% to 39%; Diluted EPS: $1.35 to $1.40.