Global Business Travel Group, Inc. (GBTG) Reports Q3 Loss, Misses Revenue Estimates
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Global Business Travel Group, Inc. (GBTG) reported a Q3 loss of $0.22 per share, missing the Zacks Consensus Estimate of a $0.08 loss. This is a larger loss compared to $0.02 per share a year ago.
November 05, 2024 | 3:15 pm
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NEGATIVE IMPACT
GBTG reported a Q3 loss of $0.22 per share, missing the expected loss of $0.08 and increasing from last year's $0.02 loss.
The reported loss of $0.22 per share is significantly worse than the expected loss of $0.08, indicating a negative performance. This larger-than-expected loss is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100