Choice Hotels International Exceeds Top End Of Full Year Guidance For EPS And Expands Domestic Upscale Room Portfolio By Over 40%

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Go back to Choice Hotels International Exceeds Top End Of Full Year Guidance For EPS And Expands Domestic Upscale Room Portfolio By Over 40%

Choice Hotels (CHH) Tops Q4 EPS by 7c, Revenues Beat; Offers FY20 EPS Guidance Below Consensus

February 18, 2020 8:26 AM EST

Choice Hotels (NYSE: CHH) reported Q4 EPS of $0.92, $0.07 better than the analyst estimate of $0.85. Revenue for the quarter came in at $268.08 million versus the consensus estimate of $256.33 million.

Net income was $42.2 million for the fourth quarter 2019 and $222.9 million for the full year, representing diluted earnings per share (EPS) of $0.75 and $3.98, respectively.Full year adjusted net income, excluding certain items described in Exhibit 6, increased 9% over the prior full year period to $242.0 million.Full year adjusted EPS increased 11% over the prior full year period to $4.32, while fourth quarter adjusted EPS increased... More