Choice Hotels International, Inc Reveals 9% Advance In Q4 Profit

(RTTNews) - Choice Hotels International, Inc (CHH) reported earnings for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line totaled $31.82 million, or $0.56 per share. This was up from $29.20 million, or $0.51 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.53 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.3% to $208.20 million. This was down from $210.95 million last year.

Choice Hotels International, Inc earnings at a glance:

-Earnings (Q4): $31.82 Mln. vs. $29.20 Mln. last year. -Earnings Growth (Y-o-Y): 9.0% -EPS (Q4): $0.56 vs. $0.51 last year. -EPS Growth (Y-o-Y): 9.8% -Analysts Estimate: $0.53 -Revenue (Q4): $208.20 Mln vs. $210.95 Mln last year. -Revenue Change (Y-o-Y): -1.3%

-Guidance: Next quarter EPS guidance: $0.49