Sabre Sees Q3 Revenue ~$725M Vs $725.79M Est.; Q4 Revenue ~$700M; FY23 Revenue $2.9B-$3B Vs $2.9B Est.
Portfolio Pulse from Happy Mohamed
Sabre Corporation has provided its financial outlook for Q3, Q4, and FY 2023. The company expects Q3 revenue to be around $725M, Q4 revenue to be around $700M, and FY 2023 revenue to be between $2.9B and $3B. The company also provided detailed guidance for Adjusted EBITDA and Free Cash Flow for these periods. Sabre's 2025 financial targets for Adjusted EBITDA of greater than $900 million, and Free Cash Flow of greater than $500 million remain unchanged.
August 04, 2023 | 1:10 pm
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NEUTRAL IMPACT
Sabre Corporation's financial outlook for Q3, Q4, and FY 2023 indicates expected revenues in line with estimates. The unchanged 2025 targets for Adjusted EBITDA and Free Cash Flow may provide stability for investors.
The financial outlook provided by Sabre Corporation is in line with estimates, which may not significantly impact the stock price in the short term. However, the unchanged 2025 targets for Adjusted EBITDA and Free Cash Flow may provide a sense of stability for investors, potentially making the stock more attractive in the long term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100