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GBTG — Global Business Travel News Story

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Global Business Travel Group Inc reports results for the quarter ended December 31 - Earnings Summary

Global Business Travel Group Inc GBTG.N reported a quarterly adjusted loss of 17 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -10 cents.  The mean expectation of five analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 1 cents to 7 cents per share.

Revenue rose 7.7% to $591.00 million from a year ago; analysts expected $589.17 million.

Global Business Travel Group Inc's reported EPS for the quarter was a loss of 17 cents​.

The company reported a quarterly loss of $83 million.

Global Business Travel Group Inc shares had fallen by 7.1% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1,301.2% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for Global Business Travel Group Inc is $10.65

This summary was machine generated from LSEG data February 27 at 04:01 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.04-0.17Missed
Sep. 30 2024-0.03-0.22Missed
Jun. 30 2024-0.030.06Beat
Mar. 31 20240.04-0.04Missed

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