Choice Hotels International (CHH) stock soared 5.59% in pre-market trading on Thursday, following the company's impressive fourth-quarter 2024 earnings report and optimistic full-year 2025 guidance.
The hotel franchiser reported better-than-expected Q4 results, with adjusted earnings per share of $1.55, surpassing the consensus estimate of $1.49. Revenue also came in higher than anticipated at $389.77 million, beating the analysts' forecast of $373.52 million. The strong performance was driven by continued recovery in the travel industry and Choice Hotels' effective execution.
Furthermore, Choice Hotels provided an encouraging outlook for the full-year 2025, projecting adjusted earnings per share in the range of $6.98 to $7.24, exceeding analysts' expectations of $7.10. The company's positive guidance reflects its confidence in the ongoing momentum and growth prospects.
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