trending Market Intelligence /marketintelligence/en/news-insights/trending/-7EbtyFpEm6sheiocEw3-Q2 content esgSubNav
In This List

Choice Hotels International increases FY'19 adjusted EPS outlook

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Real Estate News & Analysis: May Edition


Choice Hotels International increases FY'19 adjusted EPS outlook

Choice Hotels International Inc. said in its second-quarter earnings release that it expects its full-year adjusted EPS in the range of $4.16 to $4.22, an increase from the previously provided range of $4.06 to $4.18.

The hotelier also provided third-quarter adjusted EPS guidance in the range of $1.25 to $1.29.

In late July, Choice redeemed a third party's remaining equity stake in a joint venture that held four Cambria hotels, bringing its outstanding investment under the Cambria program to about $553 million. Choice does not intend to own the hotels permanently.

The S&P Global Market Intelligence consensus EPS estimates for the third quarter and full year are $1.28 and $4.18, respectively.