Global Business Travel Group Inc expected to post a loss of 4 cents a share - Earnings Preview

Global Business Travel

06/08/2024 19:35

* Global Business Travel Group Inc  GBTG.N   GBTG.K  is
expected
to show a rise in quarterly revenue when it reports  results on
August 6 for the period ending September 30 2024
    * The New York City-based  company is expected to report a
11.3% increase in revenue to $635.496 million from $571 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Global Business Travel
Group
Inc is for a loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 175.5% in the last three months. ​
    * Wall Street's median 12-month price target for Global
Business
Travel Group Inc is $8.00​, above​ its last closing price
of $6.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.04       -0.03      0.06      Beat    271.4
 Mar. 31 2024  0.03        0.04       -0.04     Missed  -200
 Dec. 31 2023  -0.05       -0.03      -0.10     Missed  -206.8
                                                        ​
 Sep. 30 2023  0.00        0.00       -0.02     Missed  -500.6
 ​​Jun.        0.01        0.01       -0.23     Missed  -3,548
 30 2023                                                .3
 Mar. 31 2023  -0.02       -0.02      -0.06     Missed  -275​
 Dec. 31 2022  -0.15       -0.15      -0.89     Missed  -487.5
 Sep. 30 2022  -0.12       -0.11      -0.43     Missed  -273.9
 This summary was machine generated August 6 at 18:35 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)