Sabre Expects Q2 Revenue of ~$750M Vs $756.37M Est
Portfolio Pulse from Benzinga Newsdesk
Sabre Corporation, identified by its ticker symbol SABR, has projected its Q2 revenue to be around $750 million, which is slightly below the estimated $756.37 million by analysts.
May 02, 2024 | 11:44 am
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Sabre Corporation projects its Q2 revenue to be approximately $750 million, marginally below the analyst estimates of $756.37 million.
Revenue projections that fall short of analyst estimates can often lead to negative investor sentiment in the short term, potentially causing a decrease in stock price. Given that the miss is relatively small, the impact might be moderate but still negative.
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