Travel technology company Sabre (NASDAQ:SABR) will be reporting results tomorrow before market open. Here’s what to look for.
Sabre beat analysts’ revenue expectations by 1.5% last quarter, reporting revenues of $767.2 million, up 4% year on year. It was a strong quarter for the company, with a decent beat of analysts’ operating margin and earnings estimates.
Is Sabre a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Sabre’s revenue to grow 4.7% year on year to $775.5 million, slowing from the 11.6% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.04 per share.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Sabre has missed Wall Street’s revenue estimates three times over the last two years.
Looking at Sabre’s peers in the travel…