Choice Hotels International (CHH) reported first quarter net income of $0.26 per share Monday morning, down from $0.34 a year ago. The consensus estimate was for EPS of $0.27. Second quarter EPS is expected to be $0.45, compared to the consensus estimate of $0.53. The company also lowered its full year 2013 EPS forecast to between $1.87 and $1.91, from prior expectations of $1.96 to $1.98. The consensus estimate is for EPS of $1.97.
Choice Hotels International steadily declined throughout Monday's session and closed down by 4.78 at $40.52, with volume at a 10-month high. The stock sank to a 1-month low and slipped beneath its 50-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.