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China Lodging Group (HTHT) Misses Q4 EPS by 4c, Offers FY15 Guidance

March 10, 2015 4:37 PM

China Lodging Group (NASDAQ: HTHT) reported Q4 EPS of $0.12, $0.04 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $208.9 million versus the consensus estimate of $208.8 million.

Business Outlook and Guidance for 2015

"We remain confident about the long-term growth potential of travel demand in China. We will continue to invest in our new brands to meet diversified needs. In 2015, we plan to add 680 to 730 leased and manachised hotels, with 20 to 30 leased hotels and 660 to 700 manachised and franchised hotels. Among these new hotels, 80% will be economy hotels, and 20% will be midscale and upscale hotels." commented Mr. Ji.

In the first quarter of 2015, the Company expects net revenues to grow 12% to 14% year-over-year. For the full year 2015, the Company expects net revenues to grow 7.5% to 11.5% from 2014.

The above forecast reflects the Company's current and preliminary view, which is subject to change.

For earnings history and earnings-related data on China Lodging Group (HTHT) click here.

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Earnings Guidance

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