Choice Hotels International, Inc (CHH) reported a profit for first quarter that Drops, from last year
The company's bottom line came in at $20.30 million, or $0.44 per share. This compares with $44.53 million, or $0.94 per share, last year.
Excluding items, Choice Hotels International, Inc reported adjusted earnings of $49.59 million or $1.07 per share for the period.
The company's revenue for the period rose 2.3% to $340.57 million from $332.86 million last year.
Choice Hotels International, Inc earnings at a glance (GAAP) :
-Earnings: $20.30 Mln. vs. $44.53 Mln. last year.-EPS: $0.44 vs. $0.94 last year.-Revenue: $340.57 Mln vs. $332.86 Mln last year.
-Guidance:Full year EPS guidance: $ 6.92 To $ 7.14
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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.