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Choice Hotels (CHH) Lags Q3 Earnings Estimates

Choice Hotels (CHH) came out with quarterly earnings of 2.1pershare,missingtheZacksConsensusEstimateof2.1 per share, missing the Zacks Consensus Estimate of 2.18 per share. This compares to earnings of 2.23pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof3.672.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.67%. A quarter ago, it was expected that this hotel franchiser would post earnings of 1.9 per share when it actually produced earnings of $1.92, delivering a surprise of +1.05%.Over the last four quarters, the comp ...