Previous Close | 6.23 |
Open | 6.20 |
Bid | 5.98 x 1400 |
Ask | 6.00 x 800 |
Day's Range | 5.74 - 6.18 |
52 Week Range | 4.49 - 8.05 |
Volume | |
Avg. Volume | 222,150 |
Market Cap | 2.805B |
Beta (5Y Monthly) | 0.63 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.30 |
Earnings Date | May 07, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 8.00 |
A Detailed Examination of GBTG's First Quarter Financial Performance
Global Business Travel Group, Inc. (GBTG) delivered earnings and revenue surprises of -100% and 1.16%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
B2B travel services company Global Business Travel (NYSE:GBTG) fell short of analysts' expectations in Q1 CY2024, with revenue up 5.5% year on year to $610 million. On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $2.47 billion at the midpoint. It made a GAAP loss of $0.04 per share, improving from its loss of $0.06 per share in the same quarter last year.