Choice Hotels Posts Higher Q4 Profit - Quick Facts

(RTTNews) - Choice Hotels International Inc. (CHH) reported that its fourth-quarter 2013 net income advanced to $27.33 million, or $0.46 a share, from $24.45 million, or $0.42 a share, last year. On average, 16 analysts polled by Thomson Reuters expected earnings per share of $0.46 for the quarter. Analysts' estimates typically exclude one-time items.

Total revenues increased 1% year-over-year to $180.7 million, from $178.31 million, while 10 analysts estimated revenues of $185.35 million for the quarter.

Looking ahead, the company's first-quarter 2014 earnings per share are expected to be $0.29. For 2014, earnings per share are anticipated to range between $1.84 and $1.92. Analysts project earnings per share of $0.27 for the first quarter and $2.06 for the year 2014.