Earnings Outlook For Global Business Travel
Portfolio Pulse from Benzinga Insights
Global Business Travel (NYSE:GBTG) is expected to report a quarterly EPS of $-0.03 on March 5, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical data shows mixed earnings performance and a general negative trend in stock price over the last year, with shares down 18.19%.

March 04, 2024 | 3:03 pm
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Global Business Travel (GBTG) is anticipated to announce its quarterly earnings with an EPS of $-0.03. The focus is on surpassing this estimate and the future outlook.
The short-term impact on GBTG's stock price will largely depend on whether it beats the EPS estimate and provides positive future guidance. Historically, earnings performance has had a mixed impact on the stock price, with the last quarter's miss leading to a 1.62% drop. Given the negative trend over the last year, surpassing expectations could provide a much-needed boost, while failing to do so could exacerbate the downward trend.
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