China Lodging Group (HTHT) Reports Q3 EPS of $1.01

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Go back to China Lodging Group (HTHT) Reports Q3 EPS of $1.01

China Lodging Group, Limited Reports Third Quarter of 2017 Results

November 28, 2017 4:30 PM EST

A total of 3,656 hotels or 372,464 hotel rooms in operation as of September 30, 2017.Net revenues increased 33.8% year-over-year to RMB2,373.0 million (US$356.7 million) 1 for the third quarter of 2017, at the high-end of the guidance previously announced. EBITDA (non-GAAP) increased 55.4% year-over-year to RMB849.6 million (US$127.7 million) for the third quarter of 2017.Net income attributable to China Lodging Group, Limited increased 60.0% year-over-year to RMB470.1 million (US$70.7 million) for the third quarter of 2017. Basic earnings per ADS2 were RMB6.72 (US$1.01) and diluted earnings per ADS were RMB6.50 (US$0.98) for the third quarter... More