Choice Hotels International, Inc Q4 Profit Increases, Beats Estimates

(RTTNews) - Choice Hotels International, Inc (CHH) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $75.80 million, or $1.59 per share. This compares with $28.95 million, or $0.58 per share, last year.

Excluding items, Choice Hotels International, Inc reported adjusted earnings of $73.69 million or $1.55 per share for the period.

Analysts on average had expected the company to earn $1.48 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 8.8% to $389.77 million from $358.40 million last year.

Choice Hotels International, Inc earnings at a glance (GAAP) :

-Earnings: $75.80 Mln. vs. $28.95 Mln. last year. -EPS: $1.59 vs. $0.58 last year. -Revenue: $389.77 Mln vs. $358.40 Mln last year.

FY25 EPS Guidance: $6.98 – $7.24