Sabre (SABR) Scheduled to Post Quarterly Earnings on Thursday

Sabre (NASDAQ:SABR - Get Free Report) will be posting its quarterly earnings results before the market opens on Thursday, May 2nd. Analysts expect Sabre to post earnings of ($0.05) per share for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

Sabre (NASDAQ:SABR - Get Free Report) last released its earnings results on Thursday, February 15th. The information technology services provider reported ($0.16) earnings per share (EPS) 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 the consensus estimate 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 Stock Performance

Shares of SABR stock remained flat at $2.76 during trading on Thursday. The stock had a trading volume of 3,070,313 shares, compared to its average volume of 5,370,128. The company has a market cap of $1.05 billion, a P/E ratio of -1.73 and a beta of 1.77. The business's 50 day moving average is $2.49 and its two-hundred day moving average is $3.48. Sabre has a 52 week low of $1.81 and a 52 week high of $5.76.

Wall Street Analyst Weigh In

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