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Choice Hotels International (CHH)
NYSE:CHH
Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.48Last Year’s EPS
1.44Same Quarter Last Year
Moderate Sell
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call reveals a strong financial performance with significant growth in key segments such as global rooms, business travel, and international presence. However, there are challenges in the hotel development environment and limited expectations for net unit growth, which may temper overall enthusiasm.Company Guidance
During the Choice Hotels International Fourth Quarter and Full Year 2024 Earnings Call, the company reported strong financial results, with a 12% year-over-year increase in adjusted EBITDA, reaching $604.1 million, and a 13% increase in adjusted earnings per share, reaching $6.88. The company saw a 3.3% net increase in global rooms, driven by a 4.3% increase in more revenue-intensive domestic rooms. Choice Hotels also experienced a 21% increase in hotel openings worldwide in 2024. The company outperformed the industry in domestic RevPAR by 90 basis points, with a 4.5% increase year-over-year. Additionally, business travel represented approximately 40% of the overall mix, with the business transient segment growing 14% year-over-year in the fourth quarter. Looking ahead to 2025, Choice Hotels expects adjusted EBITDA to range between $625 million and $640 million, with adjusted diluted earnings per share projected to be between $6.98 and $7.24. The company anticipates a 1% year-over-year growth in global unit and room system size and a 1% to 2% year-over-year increase in domestic RevPAR.Strong Financial Performance
Choice Hotels exceeded the top end of their guidance with a 12% year-over-year increase in adjusted EBITDA and a 13% increase in adjusted earnings per share for 2024.
Significant Growth in Global Rooms
The company realized a 3.3% year-over-year net increase in global rooms, including a 4.3% net increase for domestic rooms, and opened 21% more hotels worldwide in 2024 compared to the prior year.
Robust Business Travel and Group Segment Growth
Business transient segment grew 14% year-over-year in Q4, and group travel business saw over a 45% increase in revenue from group accounts in Q4.
Expansion in Extended Stay and Upscale Segments
The company added more than 4,500 extended stay rooms in 2024 and expanded the upscale segment by 44% year-over-year.
Increased International Presence
Choice Hotels increased its international rooms portfolio by 4.4% year-over-year, with a 58% increase in hotel openings.
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CHH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CHH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $147.69 | $152.28 | +3.11% |
| Nov 04, 2024 | $138.48 | $139.97 | +1.08% |
| Aug 08, 2024 | $123.26 | $120.79 | -2.00% |
| May 08, 2024 | $121.33 | $114.93 | -5.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Choice Hotels International (CHH) report earnings?
Choice Hotels International (CHH) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Choice Hotels International (CHH) earnings time?
Choice Hotels International (CHH) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CHH EPS forecast?
CHH EPS forecast for the fiscal quarter 2024 (Q4) is 1.48.
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