Choice Hotels International Inc reports results for the quarter ended March 31 - Earnings Summary

• Choice Hotels International Inc CHH.N reported quarterly adjusted earnings of $1.34​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.28. The mean expectation of eleven analysts for the quarter was for earnings of $1.37 per share. Wall Street expected results to range from $1.27 to $1.46 per share.

• Revenue rose 0.3% to $332.86 million from a year ago; analysts expected $331.64 million.

• Choice Hotels International Inc's reported EPS for the quarter was 94 cents​.

• The company reported quarterly net income of $44.53 million.

• Choice Hotels International Inc shares had fallen by 5.3% this quarter and lost 11.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 8 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the hotels, motels & cruise lines peer group is also "hold"

• Wall Street's median 12-month price target for Choice Hotels International Inc is $135.00

This summary was machine generated from LSEG data May 8 at 01:30 p.m. UTC. ​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)