Sabre (SABR) Scheduled to Post Earnings on Thursday

Sabre (NASDAQ:SABR) is scheduled to be releasing its earnings data before the market opens on Thursday, May 2nd. Analysts expect Sabre to post earnings of ($0.05) per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Sabre (NASDAQ:SABR) last issued its earnings results on Thursday, February 15th. The information technology services provider reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.01). The firm had revenue of $687.05 million during the quarter, compared to analyst estimates of $707.89 million. On average, analysts expect Sabre to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sabre Price Performance

SABR stock opened at $2.76 on Thursday. Sabre has a 1 year low of $1.81 and a 1 year high of $5.76. The firm has a market capitalization of $1.05 billion, a PE ratio of -1.75 and a beta of 1.77. The business has a 50 day simple moving average of $2.49 and a 200-day simple moving average of $3.48.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on SABR shares. Cantor Fitzgerald assumed coverage on Sabre in a report on Wednesday, February 21st. They issued an “overweight” rating and a $5.00 target price for the company. Mizuho cut their price objective on shares of Sabre from $4.00 to $3.00 and set a “neutral” rating for the company in a research report on Monday, March 4th. StockNews.com cut shares of Sabre from a “buy” rating to a “hold” rating in a research note on Friday, April 5th. Finally, Bank of America cut their price target on shares of Sabre from $4.50 to $3.00 and set a “neutral” rating for the company in a report on Monday, April 15th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Sabre presently has an average rating of “Hold” and an average price target of $4.00.

About Sabre

Sabre Corporation, together with its subsidiaries, operates as software and technology company for travel industry in the United States, Europe, Asia-Pacific, and internationally. It operates through two segments: Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments.