Choice Hotels misses by $0.01, beats on revs; guides Q2 EPS below consensus; guides FY15 EPS below consensus
Reports Q1 (Mar) earnings of $0.37 per share, $0.01 worse than the Capital IQ Consensus Estimate of $0.38; revenues rose 9.7% year/year to $175.25 mln vs the $166.2 mln consensus. Co issues downside guidance for Q2, sees EPS of approximately $0.58 vs. $0.64 Capital IQ Consensus Estimate. Co issues downside guidance for FY15, sees EPS of $2.14-2.21 vs. $2.23 Capital IQ Consensus Estimate.