Choice Hotels International (CHH) witnessed a remarkable surge of 6.81% in its stock price during pre-market trading on Thursday. This impressive rally came on the heels of the company's outstanding fourth-quarter 2024 financial results and an optimistic full-year 2025 guidance, which exceeded market expectations.
In the fourth quarter, Choice Hotels reported adjusted earnings per share (EPS) of $1.55, surpassing the consensus estimate of $1.49. The company's revenue also impressed, reaching $389.77 million and exceeding analysts' forecasts of $373.52 million. This stellar performance was driven by the continued recovery in the travel industry and Choice Hotels' effective execution strategies.
Furthermore, the company provided an encouraging outlook for the full-year 2025, projecting adjusted EPS in the range of $6.98 to $7.24, which exceeded analysts' expectations of $7.10. This positive guidance reflects Choice Hotels' confidence in sustaining its growth momentum and capitalizing on favorable market conditions.
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