Choice Hotels (CHH) Lags Q2 Earnings and Revenue Estimates

Choice Hotels (CHH) came out with quarterly earnings of $1.84 per share, missing the Zacks Consensus Estimate of$ 1.87 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.60%. A quarter ago, it was expected that this hotel franchiser would post earnings of$ 1.15 per share when it actually produced earnings of $1.28, delivering a surprise of 11.30%. Over the last four quarters, the ...