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

Global Business Travel

03/05/2024 15:57

* Global Business Travel Group Inc  GBTG.N   GBTG.K  is
expected
to show a rise in quarterly revenue when it reports  results on
May 7 for the period ending March 31 2024
    * The New York City-based  company is expected to report a
8.0% increase in revenue to $624.281 million from $578 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Global Business Travel
Group
Inc is for earnings 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 was unchanged 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 $6.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 30 2023  0.01        0.01       -0.23     Missed  -3,548
                                                        .3​
 Mar. 31 2023  -0.02       -0.02      -0.06     Missed  -275
 ​​Jan.        -0.15       -0.15      -0.89     Missed  -487.5
 1 0001                                                 
 Sep. 30 2022  -0.12       -0.11      -0.43     Missed  -273.9
                                                        ​
 This summary was machine generated May 3 at 14:57 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)