International Speedway Corp. ISCA, -3.29% reported Tuesday fiscal first-quarter net income that rose to $169.3 million, or $3.83 a share, from $21.3 million, or 47 cents a share, in the same period a year ago. Excluding non-recurring items, such as a benefit of $3.25 a share related to recent tax legislation, adjusted earnings per share came to 60 cents, above the FactSet consensus of 57 cents. The promoter of motorsports activities said revenue for the quarter to Feb. 28 increased to $148.88 million from $147.95 million, but that missed the FactSet consensus of $152.2 million. Admissions and food, beverage and other merchandise revenue declined, while motorsports and other event related revenue rose. The company affirmed its fiscal 2018 revenue outlook of $680.0 million to $695.0 million, which surrounded the FactSet consensus of $691.5 million. The stock, which was still inactive in premarket trade, has gained 7.2% over the past three months while the S&P 500 SPX, -2.23% has lost 4.8%.