China Lodging Group, Limited Reports First Quarter of 2018 Financial Results
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China Lodging Group (HTHT) Reports Q1 EPS of $0.28, Miss on Revenues
May 14, 2018 5:01 PM EDTChina Lodging Group (NASDAQ: HTHT) reported Q1 EPS of $0.28, versus $0.00 reported last year. Revenue for the quarter came in at $333.39 million versus the consensus estimate of $349.51 million.
A total of 3,817 hotels or 384,959 hotel rooms in operation as of March 31, 2018.Net revenues increased 29.6% year-over-year from RMB1,614.1 million to RMB2,091.2 million (US$333.4 million)1 for the first quarter of 2018exceeding the higher end of our Q1 Guidance. Net... More