Choice Hotels (CHH) Tops Q2 EPS by 1c
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Choice Hotels International Reports a 10% Increase In Second Quarter Diluted Earnings Per Share
August 2, 2016 9:01 AM EDTROCKVILLE, Md., Aug. 2, 2016 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) today reported the following highlights for the second quarter 2016:
Net income and diluted earnings per share ("EPS") for the three months ended June 30, 2016, totaled $38.8 million and $0.68 per share, respectively. Adjusted net income and adjusted diluted EPS for the three months ended June 30, 2016, which exclude certain special items as described below, increased 12 percent and 15 percent, respectively, over the prior year period. Adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA") from hotel franchising activities, excluding special... More