BUZZ-Choice Hotels raises fiscal 2026 guidance after third-quarter results exceed expectations

November 2 - ** The share price of hotel chain group Choice Hotels International (CHH.N) rose 3% in afternoon trading to $114.5

** According to data compiled by London Stock Exchange Group (LSEG), the company's third-quarter earnings per share was $2.33, higher than analysts' expectations of $2.29

** The report shows that third-quarter revenue was $458.33 million, exceeding analysts' expectation of $447.52 million

** The company raised its global room revenue forecast for fiscal 2026, now expecting growth of 1.5% to 2.5%, up from the previous outlook of 0% to 1%

** Since October 5, the share price has remained above the 20-day moving average

** Of 17 brokerages, 2 have rated the stock as “Buy” or higher, 11 as “Hold,” and 4 as “Sell”; the median target price is $115

** Including daily fluctuations, CHH stock has risen approximately 18% year-to-date

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