Exploring Sabre's Earnings Expectations
Portfolio Pulse from Benzinga Insights
Sabre (NASDAQ:SABR) is set to announce its quarterly earnings on October 31, 2024. Analysts expect an EPS of $-0.03. Investors are keen on the announcement, hoping for positive surprises and guidance. Historically, Sabre's stock price has reacted negatively even when EPS estimates were beaten.
October 30, 2024 | 2:04 pm
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Sabre is expected to announce its earnings with an EPS estimate of $-0.03. Investors are hopeful for positive surprises and guidance. Historically, even when Sabre beat EPS estimates, the stock price dropped.
The upcoming earnings announcement is crucial for Sabre as it could influence investor sentiment and stock price. Despite past instances where Sabre beat EPS estimates, the stock price still dropped, indicating that future guidance and market expectations play a significant role in price movements.
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