Choice Hotels International, Inc. (NYSE:CHH) is set to issue its quarterly earnings data before the market opens on Monday, July 31st. Analysts expect the company to announce earnings of $0.77 per share for the quarter. Choice Hotels International has set its Q2 guidance at $0.75-0.77 EPS and its FY17 guidance at $2.78-2.84 EPS.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings data on Thursday, May 4th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.02. Choice Hotels International had a net margin of 16.05% and a negative return on equity of 45.12%. The company had revenue of $197.89 million for the quarter, compared to the consensus estimate of $216.24 million. During the same period last year, the company earned $0.37 earnings per share. The firm’s revenue was down 4.5% compared to the same quarter last year. On average, analysts expect Choice Hotels International to post $2.84 EPS for the current fiscal year and $3.12 EPS for the next fiscal year.

Shares of Choice Hotels International, Inc. (CHH) opened at 64.19 on Monday. The stock has a 50 day moving average of $64.99 and a 200-day moving average of $61.73. The firm has a market capitalization of $3.60 billion, a P/E ratio of 24.64 and a beta of 1.11. Choice Hotels International, Inc. has a 12-month low of $43.70 and a 12-month high of $67.80.

ILLEGAL ACTIVITY WARNING: “Choice Hotels International, Inc. (CHH) to Release Quarterly Earnings on Monday” was first published by American Banking News and is owned by of American Banking News. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/07/24/choice-hotels-international-inc-chh-to-release-quarterly-earnings-on-monday.html.

A number of brokerages recently issued reports on CHH. Zacks Investment Research upgraded Choice Hotels International from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a report on Wednesday, July 5th. Morgan Stanley cut Choice Hotels International from an “overweight” rating to an “equal weight” rating and set a $65.00 target price on the stock. in a report on Friday, May 5th. They noted that the move was a valuation call. Finally, Telsey Advisory Group increased their target price on Choice Hotels International from $59.00 to $63.00 and gave the stock a “market perform” rating in a report on Friday, May 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $61.00.

In related news, CEO Stephen P. Joyce sold 17,024 shares of the stock in a transaction on Wednesday, July 12th. The stock was sold at an average price of $63.02, for a total value of $1,072,852.48. Following the completion of the sale, the chief executive officer now directly owns 176,943 shares of the company’s stock, valued at approximately $11,150,947.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Stephen P. Joyce sold 44,116 shares of the stock in a transaction on Monday, July 10th. The shares were sold at an average price of $62.88, for a total value of $2,774,014.08. Following the completion of the sale, the chief executive officer now directly owns 201,922 shares of the company’s stock, valued at $12,696,855.36. The disclosure for this sale can be found here. 22.01% of the stock is owned by company insiders.

Choice Hotels International Company Profile

Choice Hotels International, Inc is a hotel franchisor. The Company’s segments include Hotel Franchising, SkyTouch Technology and Corporate & Other. It franchises lodging properties under brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.

Earnings History for Choice Hotels International (NYSE:CHH)

Receive News & Ratings for Choice Hotels International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Choice Hotels International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.