Choice Hotels (NYSE: CHH) reported Q1 EPS of $0.67, $0.07 better than the analyst estimate of $0.60. Revenue for the quarter came in at $209.39 million versus the consensus estimate of $214.02 million.

• Net income was $25.1 million, or $0.44 per diluted share, for the first quarter of 2018. Adjusted net income, excluding certain items described in Exhibit 6, increased 25 percent to $38.4 million from the 2017 first quarter.
• Adjusted diluted earnings per share (EPS) were $0.67 for the first quarter, a 24 percent increase from the 2017 first quarter.
• Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the first quarter 2018 were $66.9 million, an increase of 15 percent from the same period of 2017.
• Total revenues for the three months ended March 31, 2018, increased 11 percent from the first quarter of 2017.
• Cambria Hotels opened hotels in Philadelphia, Nashville, Tenn., and Chandler, Ariz. The brand now has hotels open or in the pipeline in 42 of the top 50 U.S. markets.
• The company repurchased 0.5 million shares of the company\'s outstanding common stock for an aggregate cost of $42 million during the first quarter.
• RevPAR and the effective royalty rate for WoodSpring increased 13.5 percent and 42 basis points, respectively, for the first quarter, compared to the same period of the prior year.

For earnings history and earnings-related data on Choice Hotels (CHH) click here.