Choice Hotels International Raises FY23 Adjusted Diluted EPS Outlook To $5.95-$6.03 From Prior View Of $5.86-$6.01 Vs. $5.96 Estimate; Sees FY23 Adjusted Net Income Of $302M-$308M From Prior Outlook Of $298M-$306M
Portfolio Pulse from Benzinga Newsdesk
Choice Hotels International has raised its FY23 adjusted diluted EPS outlook to $5.95-$6.03 from the previous estimate of $5.86-$6.01. The company also increased its FY23 adjusted net income forecast to $302M-$308M from the prior outlook of $298M-$306M.
November 07, 2023 | 11:41 am
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Choice Hotels International has increased its FY23 earnings outlook, which could positively impact its stock price.
Choice Hotels International has raised its FY23 earnings outlook, which indicates a positive financial performance. This could lead to increased investor confidence and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100