(RTTNews) - While reporting third-quarter financial results, Choice Hotels International, Inc. (CHH) also shared updated outlook for the fiscal year 2025.
The company now expects earnings of $353 - $371 million, instead of previously announced $261 - $276 million, and adjusted earnings of $320 - $331 million, instead of $324 - $339 million.
On per share basis, the company sees earnings of $7.52 - $7.89, up from previously estimated $5.54 - $5.86, and adjusted earnings of $6.82 - $7.05, instead of $6.88 - $7.20.
On average, analysts estimate earnings of $7.02 a share for the period.
It anticipates adjusted EBITDA of $620 - $632 million, instead of previously announced $615 - $635 million.
In the pre-market hours, CHH is trading at $91.01, down 0.54 percent on the New York Stock Exchange.
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