20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Shares of Sabre (NASDAQ:SABR) were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share were down 641.67% over the past year to ($1.30), which missed the estimate of ($0.84).
Revenue of $83,044,000 decreased by 91.70% from the same period last year, which missed the estimate of $162,780,000.
Guidance
Sabre hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Aug 07, 2020
Time: 09:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/3vbpmnv6
Technicals
52-week high: $25.44
Company's 52-week low was at $3.30
Price action over last quarter: Up 23.86%
Company Overview
Sabre holds the number-two share of global distribution system air bookings (38.8% as of the end of 2019 versus 37.1% in 2018). The global distribution system segment represented 73% of total 2019 revenue. The company also has a growing IT solutions division (27% of revenue) that focuses on the airline, hospitality, and travel agent end markets. Transaction fees, which are tied to volume and not price, account for the bulk of revenue and profits.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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