Choice Hotels (CHH) Tops Q3 EPS by 8c, Updates FY Guidance

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Go back to Choice Hotels (CHH) Tops Q3 EPS by 8c, Updates FY Guidance

Choice Hotels International Reports 2018 Third-Quarter Results

November 8, 2018 8:00 AM EST

ROCKVILLE, Md., Nov. 8, 2018 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, today reported its results for the three months ended September 30, 2018. Highlights include:

Net income was $80.0 million, or $1.41 per diluted share, for the third quarter of 2018. Adjusted net income, excluding certain items described in Exhibit 6, increased 30 percent to $70.3 million from the same period of the prior... More