IHG weighed down by high interest payment forecast
Refinitiv閱讀少於1分鐘
** Shares of Holiday Inn-owner IHG IHG down ~3% at 10,365 pence
** IHG's full-year annual room revenue beat expectations, but higher-than-expected interest forecast weighs on stock
** Co sees FY25 adjusted interest expenses of $190-$205 mln vs analysts estimate of $169 mln
** Jefferies says that will lower full-year market estimates for pre-tax profit by ~2.5%, adding to near-term stock weakness
** Stock has gained about 31% in the last 12 months
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