earnings
confidence high
sentiment positive
materiality 0.75
Choice Hotels Q1 2022 RevPAR +10.4% vs 2019; net income $67.4M, EPS $1.20
CHOICE HOTELS INTERNATIONAL INC /DE
2022-Q1 EPS reported
$1.20
revenue$257,727,000
- Total revenues up 41% YoY to $257.7M; royalties up 38% to $87.0M.
- Domestic systemwide RevPAR exceeded 2019 by 10.4%; April RevPAR +16% vs 2019.
- Net income $67.4M (diluted EPS $1.20); adjusted diluted EPS $1.03, +81% YoY.
- Adjusted EBITDA $96.6M, +53%; margin 74%, +470 bps YoY.
- Returned $28M to shareholders via dividends ($0.2375/quarter) and $14.8M buybacks.