Choice Hotels International, Inc (CHH) released earnings for its third quarter that Increased from last year but missed the Street estimates.
The company's earnings totaled $180 million, or $3.86 per share. This compares with $105.7 million, or $2.22 per share, last year.
Excluding items, Choice Hotels International, Inc reported adjusted earnings of $98 million or $2.10 per share for the period.
Analysts on average had expected the company to earn $2.2 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.4% to $447 million from $428 million last year.
Choice Hotels International, Inc earnings at a glance (GAAP) :
-Earnings: $180 Mln. vs. $105.7 Mln. last year.-EPS: $3.86 vs. $2.22 last year.-Revenue: $447 Mln vs. $428 Mln last year.
-Guidance:Full year EPS guidance: $6.82 – $7.05
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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.