Sabre Q3 2024 Adj. EPS $(0.04), Inline, Sales $764.714M Miss $775.457M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sabre reported its Q3 2024 financial results with an adjusted EPS of $(0.04), which was in line with expectations. However, the company missed its sales estimate, reporting $764.714 million compared to the expected $775.457 million.
October 31, 2024 | 11:41 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Sabre's Q3 2024 earnings report shows an adjusted EPS of $(0.04), meeting expectations, but sales fell short at $764.714 million against a $775.457 million estimate.
The in-line EPS suggests stable performance, but the sales miss indicates potential challenges in revenue generation, which could negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100