Choice Hotels(US:CHH) ZACKSยท2024-08-01 15:06Company Overview - Choice Hotels (CHH) is expected to report a year-over-year increase in earnings, with a projected EPS of $1.87, reflecting a +6.9% change, and revenues of $441.3 million, up 3.3% from the previous year [3][12] Earnings Expectations - The upcoming earnings report is anticipated to be released on August 8, and the stock may rise if the actual results exceed expectations, while a miss could lead to a decline [2][12] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] Earnings Surprise Prediction - The Most Accurate Estimate for Choice Hotels is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.51%, suggesting a bullish outlook from analysts [10] - The company currently holds a Zacks Rank of 2 (Buy), indicating a strong likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, Choice Hotels exceeded the expected EPS of $1.15 by delivering $1.28, resulting in a surprise of +11.30% [12] - Over the past four quarters, the company has beaten consensus EPS estimates three times, showcasing a consistent performance [13] Industry Context - Hilton Grand Vacations (HGV), a competitor in the same industry, is expected to report an EPS of $0.89, reflecting a +4.7% year-over-year change, with revenues projected at $1.37 billion, up 36.2% from the previous year [17] - HGV has seen a 6.6% upward revision in its EPS estimate over the last 30 days and holds a Zacks Rank of 1 (Strong Buy), indicating a strong likelihood of beating its consensus EPS estimate [18]