Choice Hotels International Inc expected to post earnings of $1.86 a share - Earnings Preview

Choice Hotels International

06/08/2024 19:31

* Choice Hotels International Inc  CHH.N   CHH  is expected
to show a rise in quarterly revenue when it reports  results on
August 8 for the period ending June 30 2024
    * The North Bethesda Maryland-based  company is expected to
report
a 2.5% increase in revenue to $438.232 million from $427.42
million a year ago, according to the mean estimate from 6
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 $1.86 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 3 "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 $127.00​, above​ its last closing price
of $124.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.14        1.14       1.28      Beat    12.3
 Dec. 31 2024  1.34        1.35       1.44      Beat    7
 Sep. 30 2023  1.86        1.85       1.82      Missed  -1.6​
 Jun. 30 2023  1.70        1.69       1.75      Beat    3.7
 ​​Mar.        0.99        1.01       1.12      Beat    10.8
 31 2023                                                
 Dec. 31 2022  1.05        1.05       1.26      Beat    19.5​
 Sep. 30 2022  1.68        1.69       1.56      Missed  -7.9
 Jun. 30 2022  1.45        1.45       1.43      Missed  -1.1
 This summary was machine generated August 6 at 18:31 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)