|Bid||7.30 x 4000|
|Ask||7.60 x 2200|
|Day's Range||7.22 - 7.70|
|52 Week Range||5.45 - 12.65|
|Beta (5Y Monthly)||1.84|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2022 - Nov 04, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 19, 2020|
|1y Target Est||10.75|
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?