Choice Hotels Intl Q4 Adj EPS $1.44 Beats $1.35 Estimate, Sales $358.40M Miss $370.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Choice Hotels Intl (CHH) reported Q4 adjusted EPS of $1.44, surpassing the $1.35 estimate, marking a 14.29% increase from last year. However, sales of $358.40M fell short of the $370.40M estimate, a slight decrease from the previous year.
February 20, 2024 | 11:32 am
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Choice Hotels Intl reported a Q4 adjusted EPS of $1.44, beating estimates, but missed sales forecasts with $358.40M.
While CHH surpassed EPS estimates, indicating operational efficiency and profitability, the miss on sales forecasts could raise concerns about revenue growth and market demand. The mixed results present a neutral outlook in the short term as positive earnings are offset by slight revenue disappointments.
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