Sabre Corp Q1 EPS of ($0.05) exceeded analyst expectations by $0.03, while revenue grew 4% YoY to $767.2m.
Sabre Corp, an IT services provider for the travel industry, reported a Q1 EPS of ($0.05), exceeding analysts' expectations ($0.08) by $0.03. Revenue was $767.2m, up 4% YoY. Despite the positive earnings, Sabre's stock price dropped $0.14 to $3.14 on Friday. CEO Kurt Joseph Ekert bought 65,000 shares, while analysts' ratings average "Hold" with a consensus target price of $4.13.
August 04, 2024
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