Sabre Corp reports results for the quarter ended June 30 - Earnings Summary

• Sabre Corp SABR reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of four analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -2 cents to 2 cents per share.

• Revenue fell 10.4% to $687.15 million from a year ago; analysts expected $718.16 million.

• Sabre Corp's reported EPS for the quarter was a loss of 65 cents​.

• The company reported a quarterly loss of $256.36 million.

• Sabre Corp shares had fallen by 5.1% this quarter and lost 17.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 112.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Sabre Corp is $4.00, about 25% above its last closing price of $3.00

This summary was machine generated from LSEG data August 7 at 04:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)