Choice Hotels Raised FY23 Outlook: Adj. EPS $5.86 – $6.01 From $5.70 – $5.90 Vs. $5.89 Est.
Portfolio Pulse from Benzinga Newsdesk
Choice Hotels has increased its FY23 outlook, adjusting its EPS to $5.86 - $6.01 from the previous $5.70 - $5.90. This is higher than the estimated $5.89.
August 08, 2023 | 10:35 am
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POSITIVE IMPACT
Choice Hotels has raised its FY23 outlook, indicating a potential increase in profitability. This could positively impact the stock price.
Choice Hotels' raised outlook suggests the company expects higher profitability in FY23. This is a positive signal to investors and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100