Choice Hotels International, Inc. (NYSE:CHH) Q1 2024 Results Conference Call May 8, 2024 10:00 AM ET Company Participants Allie Summers - Senior Director and Investor Relations Patrick Pacious - President, CEO & Director Scott Oaksmith - Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America Michael Bellisario - Baird Stephen Grambling - Morgan Stanley David Katz - Jefferies Robin Farley - UBS Joe Greff - JPMorgan Charles Patrick Scholes - Truist Securities Alex Brignall - Redbu ...

Table of Contents | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------| | | | | CHOICE HOTELS INTERNATIONAL, (Exact name of registrant as specified in its charter) _____________________________________________ | INC. | | | | | Delaware (State or Other Jurisdiction of | 52-1209792 (I.R.S. Employer | | Incorporation or Organization) | Identification No.) | | 915 Meeti ...

Choice Hotels (CHH) reported $331.95 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.3%. EPS of $1.28 for the same period compares to $1.12 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $345.02 million, representing a surprise of -3.79%. The company delivered an EPS surprise of +11.30%, with the consensus EPS estimate being $1.15.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Choice Hotels (CHH) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.30%. A quarter ago, it was expected that this hotel franchiser would post earnings of $1.35 per share when it actually produced earnings of $1.44, delivering a surprise of 6.67%.Over the last four quarters, the com ...

| --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------|-------|-----------------|-------|---------------| | Net income | $ | 2024 \n31,009 | $ | 2023 \n52,820 | | Loss on investments in equity securities, net of dividend income | | 3,187 | | — | | Net reimbursable deficit (surplus) from franchised and managed properties | | 16,922 | | (2,500) | | Business combination, diligence and transition costs | | 11,947 | | 7,854 | | | | | | | | Ope ...

Wall Street analysts forecast that Choice Hotels (CHH) will report quarterly earnings of $1.15 per share in its upcoming release, pointing to a year-over-year increase of 2.7%. It is anticipated that revenues will amount to $345.02 million, exhibiting an increase of 3.7% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial proj ...

"The relaunch of Park Inn by Radisson into the premium value conversion space underscores our commitment to delivering an unparalleled guest experience, inspired by the simplicity and vibrant energy of parks," said Cathy Hartman, vice president, brand strategy, Choice Hotels. "The brand has been built around a promise to brighten up every stay with a refreshing blend of color, connectivity, and convenience." Park Inn by Radisson will cater to a new generation of experience-centered travelers in a way that's ...

The market expects Choice Hotels (CHH) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Choice Hotels President and CEO Patrick Pacious opened the three-day event, telling Choice franchisees, "Together, we have achieved a new level of success and positioned our brands to capture even more of the growing demand for travel in the coming years." "Choice is a leader in technology and innovation, brand creation, brand renewal and franchisee retention," Pacious added. "And when we look to the future, we see a portfolio of brands that are getting stronger together: By investing in Upscale, we have be ...

The full day development seminar, attended by prospective and current owners and operators, featured a Q&A with former NFL player and Comfort Inn and Mainstay Suites owner Chinedum Ndukwe; discussions about breaking barriers to entry within the industry; and an evening networking reception. "As the first hotel company to establish a dedicated development team solely focused on extending the opportunity of hotel ownership to underrepresented populations, the SOAR team will continue to open doors for underrep ...