Choice Hotels (CHH) Tops Q3 EPS by 5c
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Choice Hotels International Reports A 17% Increase In Third Quarter Diluted Earnings Per Share
October 27, 2016 9:00 AM EDTROCKVILLE, Md., Oct. 27, 2016 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) today reported the following highlights for the third quarter 2016:
Diluted earnings per share ("EPS") for the three months ended September 30, 2016 totaled $0.84 per share, an increase of 17 percent from the same period of 2015. Net income for the three months ended September 30, 2016 totaled $47.6 million, an increase of 15 percent from the same period of 2015. Revenues for the three months ended September 30, 2016 totaled $267.6 million, an increase of 11 percent from the same period of 2015. Franchising revenues for the three... More