Sabre Q3 Loss Wider Than Expected: Will Weak Results Drag Stock Down?
Sabre(SABR) ZACKS·2024-11-01 21:31
Sabre Corporation (SABR) reported third-quarter 2024 adjusted loss of 4 cents per share, wider than the Zacks Consensus Estimate of a loss of 2 cents. However, the figure was narrower than the year-ago quarter’s loss of 6 cents. The year-over-year improvement in the bottom line was due to the benefits of increased revenues and cost-improvement implementations.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Sabre reported revenues of $764.7 million, which missed the consensus mark of $ ...