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Choice Hotels International's Q2 Adjusted Earnings, Revenue Rise; Increases 2024 Earnings Guidance
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Choice Hotels International's Q2 Adjusted Earnings, Revenue Rise; Increases 2024 Earnings Guidance
Aug 8, 2024 4:47 AM

07:21 AM EDT, 08/08/2024 (MT Newswires) -- Choice Hotels International ( CHH ) reported Q2 adjusted earnings Thursday of $1.84 per diluted share, up from $1.75 a year earlier.

Analysts polled by Capital IQ expected $1.85.

Revenue for the quarter ended June 30 was $435.2 million, compared with $427.4 million a year earlier.

Analysts surveyed by Capital IQ expected $438.2 million.

The company increased its full-year 2024 adjusted earnings guidance to $6.40 to $6.65 per diluted share, from $6.30 to $6.60. Analysts polled by Capital IQ expect $6.50.

Price: 125.25, Change: +1.47, Percent Change: +1.19

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