Preview: Sabre's Earnings
Sabre (NASDAQ: SABR) announces its next round of earnings this Friday, August 07. Here is Benzinga's everything-that-matters guide for this Friday's Q2 earnings announcement.
Earnings and Revenue
Sabre EPS is expected to be around $-0.84, according to sell-side analysts. Sales will likely be near $162.78 million. In the same quarter last year, Sabre reported earnings per share of $0.24 on revenue of $1.00 billion. If the company were to match the consensus estimate, earnings would be down 450.0%. Here's how the company's EPS has stacked up against analyst estimates in the past:
EPS Estimate | -0.32 | 0.16 | 0.24 | 0.22 |
EPS Actual | -0.29 | 0.16 | 0.27 | 0.24 |
Revenue Estimate | 666.89 M | 947.68 M | 996.66 M | 998.29 M |
Revenue Actual | 658.98 M | 941.42 M | 984.20 M | 1.00 B |
Stock Performance
Over the last 52-week period, shares are down 66.63%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Sabre is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/3vbpmnv6
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