More on International Speedway's FQ1

|About: International Speedway ... (ISCA)|By:, SA News Editor

International Speedway (NASDAQ:ISCA) reports admission revenue fell 1.63% to $31.34M in FQ1.

Motorsports and other event related revenue expanded 4.85% to $103.51M.

Food, beverage, and merchandise revenue rose 9.93% to $9.14M.

Operating margin rate +100 bps to 22.9%.

FY2017 Guidance: Revenue: $660M to $670M; Non-GAAP EBITDA: $208M to $218M; EBITDA margin: 31.5% to 32.5%; Operating margin: 15.5% to 17%; Tax rate: 38% to 38.5%; Diluted EPS: $1.50 to $1.65; Capex: ~$150M to $175M.