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

Sabre

02/11/2023 14:23

* Sabre Corp  SABR.OQ  reported a quarterly adjusted loss
of 6
cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of -25 cents.  The mean expectation of four analysts for the
quarter was for a loss of 6 cents per share. Wall Street
expected results to range from -9 cents to -4 cents per share.
    * Revenue rose 11.6% to $740.46 million from a year ago;
analysts
expected $738.47 million. 
    * Sabre Corp's reported EPS for the quarter was a loss of 61
cents​.
    * The company reported a quarterly loss of $211.85 million.
    * Sabre Corp shares had fallen by 22.0% this quarter and
lost 43.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 35.7%
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," 5
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Sabre Corp
is
$4.00 

This summary was machine generated from LSEG data November 2 at
02:23 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.06          -0.06          Met
 Jun. 30 2023      -0.23          -0.17          Beat
 Mar. 31 2023      -0.23          -0.18          Beat
 Dec. 31 2022      -0.31          -0.38          Missed