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InterContinental Hotels Q3 Profit Declines - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

InterContinental Hotels Group PLC (IHG,IHG.L) reported third quarter profit attributable to equity holders of $67 million or 22.7 cents per share, compared to $91 million or 31.5 cents per share last year.

Profit before tax was $67 million, lower than $92 million in the year ago quarter.

Adjusted earnings per share were 31.5 cents, compared to 34.6 cents in the prior year quarter.

Revenue declined to $401 million from $496 million in the same period last year.

On average, three analysts polled by Thomson Reuters expected earnings of $0.26 per share, on revenues of $417.43 million for the quarter. Analysts' estimates typically exclude special items.

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