Choice Hotels International Exceeds Top End Of Full Year Guidance For EPS And Reports Largest Domestic Pipeline In Company's History

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Go back to Choice Hotels International Exceeds Top End Of Full Year Guidance For EPS And Reports Largest Domestic Pipeline In Company's History

Choice Hotels (CHH) Tops Q4 EPS by 4c, Revenues Miss; Offers FY19 EPS Guidance Below Cosnensus

February 15, 2019 8:02 AM EST

Choice Hotels (NYSE: CHH) reported Q4 EPS of $0.88, $0.04 better than the analyst estimate of $0.84. Revenue for the quarter came in at $245 million versus the consensus estimate of $262.97 million.

Achieved a 14 percent growth in the number of rooms in the company's upscale brands, Cambria and Ascend as of December 31, 2018 from December 31, 2017.Further strengthened its midscale presence by unveiling and awarding 21 domestic franchise agreements for Clarion Pointe, a midscale select-service brand extension of Clarion that meets strong demand from guests and hotel owners alike.Awarded 161 new franchise agreements across the company's extended... More