Sabre (SABR) Scheduled to Post Quarterly Earnings on Thursday

Sabre (NASDAQ:SABR) is scheduled to be posting its quarterly earnings data before the market opens on Thursday, October 31st. Analysts expect Sabre to post earnings of ($0.02) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Sabre (NASDAQ:SABR) last released its quarterly earnings data on Thursday, August 1st. The information technology services provider reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. The business had revenue of $767.20 million during the quarter, compared to the consensus estimate of $752.54 million. During the same period last year, the company earned ($0.20) EPS. The business’s revenue was up 4.0% on a year-over-year basis.

Sabre Trading Up 0.5 %

NASDAQ SABR opened at $4.01 on Tuesday. Sabre has a 12 month low of $1.81 and a 12 month high of $4.68. The stock’s 50 day moving average is $3.28 and its 200 day moving average is $3.05. The stock has a market cap of $1.55 billion, a PE ratio of -2.77 and a beta of 1.73.

Insider Buying and Selling

In related news, EVP Roshan Mendis purchased 19,230 shares of Sabre stock in a transaction on Tuesday, August 6th. The shares were bought at an average cost of $3.08 per share, for a total transaction of $59,228.40. Following the acquisition, the executive vice president now owns 776,966 shares in the company, valued at approximately $2,393,055.28. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.32% of the stock is owned by company insiders.

Sabre Company Profile

Sabre Corporation, together with its subsidiaries, operates as software and technology company for travel industry in the United States, Europe, Asia-Pacific, and internationally. It operates through two segments: Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments.