The third quarter financial results of Choice Hotels International (NYSE: CHH) will be unveiled on Monday 4th November 2024. This eagerly awaited announcement is scheduled to occur before market open.
Financial analysts on Wall Street are predicting that the business is about to reveal an estimated $1.92 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $433.83 million for this period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $1.82. This notable figure was attributed to the company's total revenue, which settled at an impressive $425.56 million during that specific quarter.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $1.57 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $6.49 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.84 | +5.1% | 435.16 M | +1.8% |
| Q1 2024 | $1.28 | +14.3% | 331.95 M | -0.3% |
| Q4 2023 | $1.44 | +14.3% | 358.40 M | -1.0% |
| Q3 2023 | $1.82 | +16.7% | 425.56 M | +2.7% |
| Q2 2023 | $1.75 | +22.4% | 427.42 M | +16.2% |
| *Growth on year-over-year basis | ||||
CHH will host a conference call with investment community on 4th November 2024 at 10:00 AM eastern time to discuss the financial results.
Throughout Friday's trading, Choice Hotels International (CHH) shares fluctuated between $137.82 and $140.62, with a trading volume of 449.40 thousand shares. The stock ended the regular trading session at $138.76, marking downfall of 0.54 percent.
