How did CHH's Q4 earnings surprise investors?

Choice Hotels International (CHH) delivered Q4 earnings that surpassed investor expectations, as indicated by the company's actual performance compared to estimates and the subsequent stock price reaction.

1. **Earnings Per Share (EPS)**:
- Estimated EPS: $1.48
- Actual EPS: $1.55
- The actual EPS exceeded estimates by $0.07, which is a 4.76% increase.
2. **Revenue**:
- Estimated Revenue: $372.97 million
- Actual Revenue: $390 million
- The actual revenue surpassed estimates by $17.03 million, which is a 4.57% increase.

CHH's Q4 performance demonstrated resilience in a challenging environment, with both EPS and revenue exceeding expectations. This outcome likely contributed to a positive market reaction, as evidenced by the stock price movement following the earnings release.