|Bid||7.69 x 4000|
|Ask||7.70 x 2900|
|Day's Range||7.47 - 7.91|
|52 Week Range||3.30 - 25.44|
|Beta (5Y Monthly)||1.67|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 29, 2020 - Nov 02, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 19, 2020|
|1y Target Est||7.90|
Sabre (SABR) delivered earnings and revenue surprises of -66.67% and -53.25%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Sabre (NASDAQ: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, 2020View more earnings on SABRTime: 09:00 AMET Webcast URL: https://edge.media-server.com/mmc/p/3vbpmnv6Technicals 52-week high: $25.44Company's 52-week low was at $3.30Price 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.See more from Benzinga * Earnings Scheduled For August 7, 2020 * Preview: Sabre's Earnings * Price Over Earnings Overview: Sabre(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended June 30, 2020. Sabre has posted its second quarter 2020 earnings release, earnings presentation and prepared remarks to its Investor Relations webpage at investors.sabre.com/results.cfm. The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov.