Choice Hotels backs FY26 adjusted EPS view $6.92-$7.14, consensus $7.17

Backs FY26 adjusted EBITDA view $632M-$647M. Backs FY26 effective tax rate view 25%. The company said, “The Company is maintaining its full-year 2026 outlook. The following outlook includes forward-looking non-GAAP measures used by management to assess expected performance. Adjusted metrics exclude the net surplus or deficit from reimbursable revenue from franchised and managed properties, due diligence and transition costs, share repurchases completed after March 31, 2026, and other items. Net capital outlays for hotel development-related activities are expected to decline significantly, from $103.4 million in 2025 to a range of $20 million to $45 million in 2026, reflecting the Company’s transition to a more capital-efficient model.”