Global Business Travel Group Inc reports results for the quarter ended in June - Earnings Summary

Global Business Travel

10/08/2023 14:32

* Global Business Travel Group Inc  GBTG.N  reported a
quarterly
adjusted loss of 23 cents​​ per share for the quarter ended in
June. The mean expectation of five analysts for the quarter was
for earnings of one cent per share.
    * Revenue was $592.00 million​; analysts expected $566.50
million. 
    * Global Business Travel Group Inc's reported EPS for the
quarter
was a loss of 23 cents​.
    * The mean earnings estimate of analysts had risen by
about 266.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Global Business Travel Group Inc shares had fallen
by 11.9% this
quarter and lost 5.6% so far this year.
    * The company reported a quarterly loss of $14 million.
    * Wall Street's median 12-month price target for Global
Business
Travel Group Inc is $8.40 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.01           -0.23          Missed
 Mar. 31 2023      -0.02          -0.06          Missed
 Dec. 31 2022      -0.15          -0.89          Missed
 Sep. 30 2022      -0.11          -0.43          Missed