Insights Into Choice Hotels (CHH) Q1: Wall Street Projections for Key Metrics – Yahoo Finance Australia

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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 projections during this period.

Prior to a company’s earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts’ forecasts for certain key metrics often provides a more comprehensive understanding.

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Bearing this in mind, let’s now explore the average estimates of specific Choice Hotels metrics that are commonly monitored and projected by Wall Street analysts.

Analysts’ assessment points toward ‘Revenues- Royalty, licensing and management fees’ reaching $114.95 million. The estimate points to a change of +6.9% from the year-ago quarter.

Analysts forecast ‘Revenues- Owned Hotels’ to reach $21.58 million. The estimate suggests a change of -3.4% year over year.

The combined assessment of analysts suggests that ‘Revenues- Initial franchise fees’ will likely reach $8.32 million. The estimate indicates a change of +5.6% from the prior-year quarter.

Analysts predict that the ‘Revenues- Platform and procurement services fees’ will reach $14.23 million. The estimate suggests a change of +2.8% year over year.

The consensus estimate for ‘Revenues- Other revenues’ stands at $10.79 million. The estimate suggests a change of +1.5% year over year.

According to the collective judgment of analysts, ‘RevPAR Growth’ should come in at -2.7%. The estimate compares to the year-ago value of 5.9%.

View all Key Company Metrics for Choice Hotels here>>>

Shares of Choice Hotels have demonstrated returns of -1.2% over the past month compared to the Zacks S&P 500 composite’s -1.6% change. With a Zacks Rank #3 (Hold), CHH is expected to mirror the overall market performance in the near future. You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here >>>>

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