Sabre (SABR) Tops Q2 EPS by 6c
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Sabre (NASDAQ: SABR) reported Q2 EPS of ($0.25), $0.06 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $658 million versus the consensus estimate of $649.71 million.
Full-Year 2022 Financial Outlook:
Sabre's full-year 2022 outlook summarized below is an update of the financial targets detailed in our first quarter 2022 earnings presentation. The company now expects higher revenue and Adjusted EBITDA across each of the bookings recovery scenarios set forth below.
6
Outlook1,2 at possible Sabre bookings recovery scenarios | ||||||||||||||||||||
Sabre Bookings Recovery3 (% of 2019) | 50% | 60% | 70% | |||||||||||||||||
| New | Prior | New | Prior | New | Prior | |||||||||||||||
| Revenue | $2.3B to $2.6B | $2.2B to $2.5B | $2.7B to $3.0B | $2.5B to $2.8B | $3.0B to $3.3B | $2.8B to $3.1B | ||||||||||||||
Adjusted EBITDA3 | > $0M | > ($85M) | > $100M | > $15M | > $275M | > $165M | ||||||||||||||
For earnings history and earnings-related data on Sabre (SABR) click here.
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