Choice Hotels International Reports A 10% Increase In First Quarter Domestic RevPAR
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FBR Capital Raies PT on Choice Hotels International (CHH) Following 1Q15 Results
May 7, 2015 6:47 AM EDTFBR Capital reiterates a Market Perform rating for Choice Hotels International, Inc. (NYSE: CHH) and raises the price target to $52 (from $44) following CHH's 1Q15 earnings report. FBR&Co. believe that there is a knowledge gap between analysts who follow lodging companies and those that follow enterprise software companies.
FBR analyst Nikhil Bhalla says that, "While we... More
Choice Hotels (CHH) Misses Q1 EPS by 1c
May 6, 2015 9:03 AM EDTChoice Hotels (NYSE: CHH) reported Q1 EPS of $0.37, $0.01 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $175.2 million versus the consensus estimate of $166.24 million.
Domestic system-wide revenue per available room ("RevPAR") increased 9.6 percent in the first quarter of 2015, as... More
