Choice Hotels International, Inc. (NYSE:CHH) is set to announce third quarter earning results on Thursday 5th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CHH to report 3Q20 income of $ 0.74 per share.
For the full year, analysts anticipate top line of $ 793.19 million, while looking forward to income of $ 2.20 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 4.22 ~ $ 4.33 per share
Click Here For More Historical Outlooks Of Choice Hotels International, Inc.
Previous Quarter Performance
Choice Hotels International, Inc. unfold income for the second quarter of $ 0.13 per share, from the revenue of $ 151.73 million. Street analysts expected Choice Hotels International, Inc. to report income of $ 0.32 per share on revenue of $ 169.69 million for the second quarter. The bottom line results missed street analysts by $ 0.19 or 59.38 percent, at the same time, top line results fell short of analysts by $ 17.96 million or 10.58 percent.
Stock Performance
Shares of Choice Hotels International, Inc. traded up $ 2.17 or 2.41 percent on Wednesday, reaching $ 92.19 with volume of 237.50 thousand shares. Choice Hotels International, Inc. has traded high as $ 93.17 and has cracked $ 89.06 on the downward trend
The closing price of $ 92.19, representing a 94.64 % increase from the 52 week low of $ 46.25 and a 17.61 % decrease over the 52 week high of $ 109.26.
The company has a market capital of $ 5.10 billion and is part of the Consumer Cyclical sector and Lodging industry.
Recent Analyst recommendations
- On 30th September 2020, downgraded by Bank of America to Underperform from Neutral rating.
- On 29th September 2020, downgraded by Bank of America to Underperform from Neutral rating.
- On 28th September 2020, downgraded by Longbow Research to Neutral from Buy rating.
Conference Call
Choice Hotels International, Inc. will be hosting a conference call at 10:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.choicehotels.com
Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Cambria Hotels, V8 Hotel Köln @Motorworld, Quality Hotel Ostrava, Hotel Aquarius Venice, and Ascend Hotel Collection.
