Choice Hotels International, Inc. (NYSE:CHH) Q1 2024 Results Conference Call May 8, 2024 10:00 AM ET Company Participants Allie Summers - Senior Director and Investor Relations Patrick Pacious - President, CEO & Director Scott Oaksmith - Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America Michael Bellisario - Baird Stephen Grambling - Morgan Stanley David Katz - Jefferies Robin Farley - UBS Joe Greff - JPMorgan Charles Patrick Scholes - Truist Securities Alex Brignall - Redbu ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________________ FORM 10-Q _____________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NO. 001-13393 _____________________________________________ CHOICE HOTELS ...

Choice Hotels (CHH) reported $331.95 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.3%. EPS of $1.28 for the same period compares to $1.12 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $345.02 million, representing a surprise of -3.79%. The company delivered an EPS surprise of +11.30%, with the consensus EPS estimate being $1.15. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Choice Hotels (CHH) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 11.30%. A quarter ago, it was expected that this hotel franchiser would post earnings of $1.35 per share when it actually produced earnings of $1.44, delivering a surprise of 6.67%. Over the last four quarters, the c ...

净收入和盈利 - 第一季度2024年净收入为3100万美元，每股摊薄收益为0.62美元[2] - 第一季度2024年调整后净收入为6370万美元，同比增长9%[3] - 第一季度2024年调整后EBITDA增长至1.243亿美元，同比增长17%[4] - 第一季度2024年总收入为3.319亿美元，较2023年同期略有下降[10] - 公司发布2024年全年调整后每股摊薄收益指引为6.30至6.60美元[9] 酒店发展 - 全球房间管道截至2024年3月31日，较2023年底增长10%，达到超过11.5万间客房[5] - Ascend Hotel Collection的酒店数量和客房数量分别为202家和22,833间，较去年同期减少了8家酒店和719间客房[46] - Cambria Hotels的酒店数量和客房数量分别为73家和10,094间，较去年同期增加了7家酒店和1,094间客房，增幅分别为10.6%和12.2%[46] - WoodSpring的酒店数量和客房数量分别为240家和28,960间，较去年同期增加了26家酒店和3,126间客房，增幅均为12.1%[46] 股票回购和授权股份 - 公司截至2024年4月30日通过回购计划回购了1.966亿美元的普通股[7] - 公司在2024年3月增加了500万股授权股份回购计划[7] 财务展望 - 公司2024年全年展望中，预计国内RevPAR增长为平稳至2%[21] - 公司预计2024年全年的EBITDA范围为481,500千美元至501,500千美元[48] - 公司预计2024年全年的调整后EBITDA范围为580,000千美元至600,000千美元[48] 财务术语解释 - EBITDA反映了净收入，不包括利息费用、利息收入、所得税准备金、折旧和摊销、减值和出售企业和资产的收益、其他（收益）和损失、未合并联营公司的净收入（损失）和债务摊销收益[31] - 调整后的EBITDA排除了非合格退休计划投资的市场调整、股权补偿费用（收益）和来自特许和管理物业可退还收入的盈余或赤字[31] - 调整后的净收入和调整后的每股收益排除了来自特许和管理物业可退还收入的盈余或赤字和债务摊销收益[34]

Wall Street analysts forecast that Choice Hotels (CHH) will report quarterly earnings of $1.15 per share in its upcoming release, pointing to a year-over-year increase of 2.7%. It is anticipated that revenues will amount to $345.02 million, exhibiting an increase of 3.7% compared to the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial pro ...

"The relaunch of Park Inn by Radisson into the premium value conversion space underscores our commitment to delivering an unparalleled guest experience, inspired by the simplicity and vibrant energy of parks," said Cathy Hartman, vice president, brand strategy, Choice Hotels. "The brand has been built around a promise to brighten up every stay with a refreshing blend of color, connectivity, and convenience." Park Inn by Radisson will cater to a new generation of experience-centered travelers in a way that's ...

The market expects Choice Hotels (CHH) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...

Choice Hotels President and CEO Patrick Pacious opened the three-day event, telling Choice franchisees, "Together, we have achieved a new level of success and positioned our brands to capture even more of the growing demand for travel in the coming years." "Choice is a leader in technology and innovation, brand creation, brand renewal and franchisee retention," Pacious added. "And when we look to the future, we see a portfolio of brands that are getting stronger together: By investing in Upscale, we have be ...

The full day development seminar, attended by prospective and current owners and operators, featured a Q&A with former NFL player and Comfort Inn and Mainstay Suites owner Chinedum Ndukwe; discussions about breaking barriers to entry within the industry; and an evening networking reception. "As the first hotel company to establish a dedicated development team solely focused on extending the opportunity of hotel ownership to underrepresented populations, the SOAR team will continue to open doors for underrep ...