Sabre Corp expected to post a loss of 8 cents a share - Earnings Preview

Sabre

30/07/2024 19:54

* Sabre Corp  SABR.OQ   SABR.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Southlake Texas-based  company is expected to report a
2.5% increase in revenue to $755.815 million from $737.53
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended June 30, was for revenue of $750.000
million.
    * ​LSEG's mean analyst estimate for Sabre Corp is for a loss
of 8
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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 Sabre Corp
is
$3.85​, above​ its last closing price of $3.54. ​​​

The company's guidance on May 27 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of of USD115 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.10       -0.10      -0.02     Beat    79.5
 Dec. 31 2024  -0.13       -0.14      -0.12     Beat    15.8
 Jan. 1 0001   -0.06       -0.06      -0.06     Met     -6.7​
 Jan. 1 0001   -0.23       -0.23      -0.17     Beat    27.1
 ​​Mar.        -0.23       -0.23      -0.18     Beat    21.5
 31 2023                                                
 Dec. 31 2022  -0.28       -0.31      -0.38     Missed  -23.7​
 Sep. 30 2022  -0.23       -0.23      -0.25     Missed  -6.4
 Jan. 1 0001   -0.28       -0.31      -0.25     Beat    20
 This summary was machine generated July 30 at 18:54 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)