Choice Hotels (CHH) Q1 Earnings Top, Revenues Miss, Stock Down

Choice Hotels International, Inc. (CHH) delivered mixed first-quarter 2024 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. The top line fell year over year, while the bottom line increased. Following the results, the company’s shares declined 5.3% on May 7.Patrick Pacious, president and CEO, expressed satisfaction with first-quarter performance, which was built on the company's record financial results in 2023. CHH benefited from impressive outcomes of the effectiv ...