Choice Hotels (CHH) Lags Q1 Earnings and Revenue Estimates

Choice Hotels (CHH) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.90%. A quarter ago, it was expected that this hotel franchiser would post earnings of $1.50 per share when it actually produced earnings of $1.55, delivering a surprise of 3.33%.Over the last four quarters, the com ...