UPDATE: International Speedway Reports 16% Increase In FQ2 Profit

International Speedway Corp ISCA reported a 16% rise in its fiscal second-quarter earnings. International Speedway reported its quarterly earnings at $11.9 million, or $0.25 per share, up from $10.3 million, or $0.21 per share, in the year-ago period. Excluding equity investment and other costs, International Speedway's earnings came in at $0.26 per share. Its revenue dropped 2.4% to $138.8 million. Analysts were expecting earnings of $0.27 per share on revenue of $138 million. International Speedway shares dropped 0.13% to close at $29.90 yesterday. Read more from Benzinga's Company news.