Sabre Corporation (NASDAQ:SABR) is reporting second quarter earnings results on Friday 7th August 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.84 per share.
For the full year, analysts predict revenues of $ 1799.34 million, while looking forward to loss of $ 1.8 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.10 ~ $ 1.30 per share
Click Here For More Historical Outlooks Of Sabre Corporation
Previous Quarter Performance
Sabre Corporation announced loss for the first quarter of $ 0.29 per share, from the revenue of $ 658.98 million. The quarterly revenues fell 37.20 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.32 per share from $ 666.89 million in revenue. The bottom line results beat street analysts by $ 0.03 or 9.38 percent, at the same time, top line results fell short of analysts by $ 7.91 million or 1.19 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 2.23 billion and is part of the Technology sector and Information Technology Services industry.
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Conference Call
Sabre Corporation will be hosting a conference call at 9:00 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sabre.com
Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. It operates in three segments: Travel Network, Airline Solutions, and Hospitality Solutions. The Travel Network segment operates as a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments.
