Travel technology company Sabre (NASDAQ: SABR)
will be reporting results tomorrow before market open. Here’s what to expect.
Sabre met analysts’ revenue expectations last quarter, reporting revenues of $714.7 million, up 4% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ EPS estimates and full-year EBITDA guidance topping analysts’ expectations. It reported 80.98 million total bookings, up 3.6% year on year.
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 1.5% year on year to $794.6 million, slowing from the 5.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.01 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Sabre has missed Wall…
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