- Choice Hotels reported second-quarter revenue of $426.4 million, falling short of the estimated $433.4 million.
- Revenue per available room (RevPAR) was $58.22, slightly below the estimate of $59.10.
- The average daily room rate stood at $97.65.
- Earnings per share (EPS) were reported at $1.75.
- Adjusted EBITDA came in at $165.0 million, just under the expected $165.6 million.
- Hotel occupancy rate was noted at 59.6%.
- Total hotel locations for Choice Hotels numbered 7,481, which is below the anticipated 7,537 locations.
- Stock recommendations included 4 buys, 9 holds, and 3 sells.
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A look at Choice Hotels Intl Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 0 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Choice Hotels International, Inc.’s long-term outlook appears positive. With high ratings in resilience and growth, the company is positioned well to weather market challenges and continue expanding in the future. This indicates a strong foundation and potential for sustained success.
Choice Hotels Intl‘s diversified portfolio of hotel franchises across various brands and locations, including the United States and other countries like Puerto Rico and the District of Columbia, provides a stable base for growth. With a solid resilience score and promising growth prospects, the company shows potential for long-term value creation and shareholder returns. Investors may view Choice Hotels Intl as a favorable investment opportunity given its overall strong Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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