Will Choice Hotels (CHH) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - Choice Hotels has demonstrated a strong performance in beating earnings estimates, indicating potential for continued success in upcoming reports [3][7]. Group 1: Earnings Performance - For the most recent quarter, Choice Hotels reported earnings of $1.28 per share, exceeding the expected $1.15 per share by 11.30% [1]. - In the previous quarter, the company reported $1.44 per share against an expectation of $1.35 per share, resulting in a surprise of 6.67% [1]. - On average, the company has surpassed earnings estimates by 8.99% over the last two quarters [7]. Group 2: Earnings Estimates and Predictions - Recent estimates for Choice Hotels have been increasing, with a positive Earnings ESP (Expected Surprise Prediction) indicating a likelihood of another earnings beat [4][10]. - The current Earnings ESP for Choice Hotels stands at +3.52%, suggesting analysts are optimistic about its near-term earnings potential [10]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [8].