Choice Hotels International, Inc (CHH) announced earnings for its third quarter that rose compared to the same period last year.
The company said its bottom line rose to $41.42 million, or $0.72 per share. This was up from $39.37 million, or $0.67 per share, in last year's third quarter.
Analysts had expected the company to earn $0.72 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 12.3% to $241.53 million. This was up from $215.17 million last year.
Choice Hotels International, Inc earnings at a glance:
-Earnings (Q3): $41.42 Mln. vs. $39.37 Mln. last year.
-Earnings Growth (Y-o-Y): 5.2%
-EPS (Q3): $0.72 vs. $0.67 last year.
-EPS Growth (Y-o-Y): 7.5%
-Analysts Estimate: $0.72
-Revenue (Q3): $241.53 Mln vs. $215.17 Mln last year.
-Revenue Change (Y-o-Y): 12.3%
-Guidance:
Next quarter EPS guidance: $0.47
Full year EPS guidance: $2.18 - $2.20
For comments and feedback contact: editorial@rttnews.com