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BRIEF-Choice Hotels International Posts Q1 Adjusted Earnings Per Share $0.57

05/10/2021 08:05
BRIEF-Choice Hotels International Posts Q1 Adjusted Earnings Per Share $0.57

- Choice Hotels International Inc CHH.N:

  • CHOICE HOTELS INTERNATIONAL REPORTS 2021 FIRST QUARTER RESULTS

  • Q1 ADJUSTED EARNINGS PER SHARE $0.57

  • Q1 EARNINGS PER SHARE $0.40

  • Q1 REVENUE $182.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $200.8 MILLION

  • Q1 EARNINGS PER SHARE ESTIMATE $0.60 -- REFINITIV IBES DATA

  • NOT PROVIDING FORMAL GUIDANCE FOR Q2 OR FULL YEAR 2021

  • FOR MONTH OF APRIL 2021, COMPANY'S REVPAR DECLINED BY APPROXIMATELY 4.2% VERSUS APRIL 2019

  • CHOICE HOTELS INTERNATIONAL - CURRENTLY EXPECTS REVPAR CHANGE FOR REMAINDER OF 2021, AS COMPARED TO BOTH 2019 AND 2020, TO OUTPERFORM Q1 2021 RESULTS

Source text for Eikon: ID:nPn7yPWRHa

Further company coverage: CHH.N


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