Overview
U.S. travel technology firm's Q1 revenue rose 8%, beating analyst expectations
Adjusted EBITDA for Q1 up 21%, beating analyst expectations
Company reaffirmed full-year 2026 Pro Forma Adjusted EBITDA and Free Cash Flow guidance
Outlook
Sabre reaffirms full-year 2026 Pro Forma Adjusted EBITDA guidance of ~$585 mln, up 9% YoY
Company expects full-year 2026 Free Cash Flow of ~$10 mln
Result Drivers
MARKETPLACE GROWTH - Marketplace revenue rose 9%, driven by increased distribution bookings and higher average booking fees
AIRLINE TECHNOLOGY REVENUE - Airline Technology revenue increased 7%, mainly due to recognition of previously deferred revenue
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$760 mln
$739.02 mln (3 Analysts)
Q1 EPS
$0.02
Q1 Adjusted EBITDA
Beat
$159 mln
$128.73 mln (3 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Sabre Corp is $1.80, about 1.6% below its May 6 closing price of $1.83
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 7 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)