Previous Close | 7.17 |
Open | 7.21 |
Bid | 0.00 x 100000 |
Ask | 0.00 x 100000 |
Day's Range | 7.21 - 7.21 |
52 Week Range | 5.24 - 10.86 |
Volume | |
Avg. Volume | 2,205 |
Market Cap | 2.402B |
Beta (5Y Monthly) | 1.84 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.89 |
Earnings Date | Oct 31, 2022 - Nov 04, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Mar 19, 2020 |
1y Target Est | 12.50 |
Sabre's (SABR) Q2 results reflect a gradual recovery in global air, hotel and other bookings while economies rebound to cross-border international traveling.
Shares of Sabre (NASDAQ: SABR) are climbing today, up by 8.7% as of 3:03 p.m. ET., after the company posted a smaller-than-expected quarterly loss. Sabre, a one-time subsidiary of American Airlines Group, provides software and related tech to airlines, hotels, and travel agencies. The company saw air bookings accelerate globally, and there are early signs of a recovery in corporate and international travel as well.
Sabre (SABR) delivered earnings and revenue surprises of 28.57% and 2.84%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?