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Choice Hotels International Q1 Adjusted Earnings, Revenue Slide

05/10/2021 04:25

08:21 AM EDT, 05/10/2021 (MT Newswires) -- Choice Hotels International (CHH) on Monday reported Q1 adjusted EPS of $0.57, down from $0.76 a year earlier.

Analysts polled by Capital IQ had called for $0.59 per share.

Revenue for the March quarter totaled $182.9 million, down from $218.2 million a year earlier. Wall Street was looking for $200.8 million.

Looking ahead, the US hotel franchisor said it would not issue guidance for Q2 or full-year 2021 because the precise impact of the COVID-19 pandemic on the company's future results was still unknown.

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