Sabre: Q2 Earnings Insights

Shares of Sabre 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.

SABR Logo
SABRSabre Corp
$2.87-3.04%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
28.66
Growth
20.39
Quality
Not Available
Value
35.23
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In:
Comments
Loading...