Choice Hotels International Inc expected to post earnings of $1.14 a share - Earnings Preview

Choice Hotels International

06/05/2024 17:27

* Choice Hotels International Inc  CHH.N   CHH  is expected
to show a rise in quarterly revenue when it reports  results on
May 8 for the period ending March 31 2024
    * The North Bethesda Maryland-based  company is expected to
report
a 3.1% increase in revenue to $343.166 million from $332.79
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Revenues)
    * ​LSEG's mean analyst estimate for Choice Hotels
International
Inc is for earnings of $1.14 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Choice
Hotels
International Inc is $128.00​, above​ its last closing price
of $120.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.34        1.35       1.44      Beat    7
 Jan. 1 0001   1.86        1.85       1.82      Missed  -1.6
 Jun. 30 2023  1.70        1.69       1.75      Beat    3.7​
 Mar. 31 2023  0.99        1.01       1.12      Beat    10.8
 ​​Dec.        1.05        1.05       1.26      Beat    19.5
 31 2022                                                
 Sep. 30 2022  1.68        1.69       1.56      Missed  -7.9​
 Jun. 30 2022  1.45        1.45       1.43      Missed  -1.1
 Mar. 31 2022  0.92        0.89       1.03      Beat    15.4
 This summary was machine generated May 6 at 16:27 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)