Choice Hotels (CHH) Tops Q1 EPS by 9c, Offers Q2 and FY Guidance

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Choice Hotels International Reports 2019 First Quarter Results

May 9, 2019 8:01 AM EDT

ROCKVILLE, Md., May 9, 2019 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, today reported its results for the three months ended March 31, 2019. Highlights include:

Net income was $30.1 million for the first quarter 2019, representing diluted earnings per share (EPS) of $0.54.Adjusted net income, excluding certain items described in Exhibit 6, increased 23% to $47.2 million from the 2018... More