New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 12, 2014
05:28 EDTCHHChoice Hotels upgraded to Market Perform from Underperform at Wells Fargo
Wells Fargo upgraded Choice Hotels to Market Perform citing valuation and SkyTouch revenue pipeline being ahead of management expectations. The firm raised its price target range for shares to $47-$49 from $40-$41.
News For CHH From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 24, 2014
08:03 EDTCHHChoice Hotels sees FY14 EPS $1.99-$2.02, consensus $1.96
EBITDA for full-year 2014 are expected to range between $216 million and $219 million. The effective tax rate for continuing operations is expected to be 30.7% and 30.3% for the fourth quarter and full- year 2014, respectively. EBITDA from franchising activities for full-year 2014 are expected to range between $234 million and $237 million; Net domestic unit growth for 2014 is expected to range between 1% and 2%; RevPAR is expected to increase approximately 9% for the fourth quarter and range between 8% and 8.5% for full-year 2014; The effective royalty rate is expected to decline 5 basis points for full-year 2014 as compared to full-year 2013. Reductions in EBITDA relating to our investment in the SkyTouch division for full-year 2014 are expected to be approximately $18 million; Execution of third-party contracts results in annualized revenue ranging between $4 million and $6 million with realized revenues for the year ended December 31, 2014 totaling approximately $1 million; and SG&A expenses are forecasted to be approximately $19 million related to investment in business development, sales and marketing and non-capitalizable product development expenditures related to the division's cloud-based hotel operating system's technology related products and services.
08:02 EDTCHHChoice Hotels sees Q4 EPS 34c, consensus 38c
08:01 EDTCHHChoice Hotels reports Q3 Franchising revenue $99.4M
Subscribe for More Information
08:01 EDTCHHChoice Hotels reports Q3 EPS cont ops 67c, consensus 63c
Reports Q3 revenue $215.17M, consensus $228.04M

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use