Choice Hotels cuts FY25 adjusted EPS view to $6.82-$7.05 from $6.88-$7.20

Consensus $7.02. Narrows FY25 adjusted EBITDA view to $620M-$632M from $615M-$635M. The company said, “The following outlook includes forward-looking non-GAAP measures used by management to forecast the Company’s performance. The net income guidance range has been revised from the Company’s prior outlook primarily to reflect the $100 million gain recognized during the third quarter of 2025 on the fair value remeasurement of the previously held 50% equity investment in Choice Hotels (CHH) Canada. Adjusted diluted EPS reflects amortization expense related to the intangible assets acquired and the remeasurement of the Company’s previously held equity interest in connection with the acquisition of Choice Hotels Canada – items that were not factored into prior guidance. Adjusted metrics exclude the net surplus or deficit generated from reimbursable revenue from franchised and managed properties, due diligence and transition costs, and any share repurchases completed after September 30, 2025, and other items.”