Nov. 13 at 5:23 PM
$CPHC: Is the stock undervalued despite a mixed quarter? 🤔
📉 Q3 net income plummeted 75.9% from the year-ago period due to a tough comp from last year's land gain.
💡 Food & beverage operations soared 13.1% year-over-year, and new ventures like the Boardwalk Kitchen & Bar show promise.
💰 Strong balance sheet with
$17M in cash, plus
$20M in tax-increment-financing receivables on the horizon.
See if CPHC’s real estate strategy justifies a closer look 👇 https://www.zacks.com/stock/news/2790834/canterbury-park-q3-earnings-decline-yy-as-casino-revenues-slip?cid=sm-stocktwits-2-2790834-body-20959&ADID=SYND_STOCKTWITS_TWEET_2_2790834_BODY_20959