Whitbread Revenue, Costs Likely to Provide 1H Interest -- Market Talk

Dow Jones Newswires · Oct 25, 2021 08:31

1221 GMT - Whitbread investors are likely to focus on revenue and costs in the budget hotelier and pub-restaurant group's half-year results Tuesday. Revenue per available room in August and last month is likely to be of interest following the relaxation of all English lockdown restrictions, Numis Securities says. Annual consensus estimates for the company imply healthy upwards forecast momentum and still look excessively cautious, given expansion of room numbers, the brokerage adds. "We're mindful that the cost environment has started to deteriorate for all U.K. hospitality businesses," Numis analyst Tim Barrett says. (philip.waller@wsj.com)

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Whitbread Revenue, Costs Likely to Provide 1H Interest -- Market Talk

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