Sabre Corp reports results for the quarter ended in December - Earnings Summary

Sabre

15/02/2024 15:55

* Sabre Corp  SABR.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -38
cents.  The mean expectation of four analysts for the quarter
was for a loss of 14 cents per share. Wall Street expected
results to range from -25 cents to -4 cents per share.
    * Revenue rose 8.9% to $687.05 million from a year ago;
analysts
expected $691.78 million. 
    * Sabre Corp's reported EPS for the quarter was a loss of 26
cents​.
    * The company reported a quarterly loss of $96.46 million.
    * Sabre Corp shares had risen by 0.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Sabre Corp
is
$5.00 

This summary was machine generated from LSEG data February 15 at
03:54 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.14          -0.12          Beat
 Sep. 30 2023      -0.06          -0.06          Met
 Jun. 30 2023      -0.23          -0.17          Beat
 Mar. 31 2023      -0.23          -0.18          Beat