SABR Stock Recent News

Sabre Corporation (NASDAQ:SABR ) Q2 2024 Earnings Call August 1, 2024 9:00 AM ET Company Participants Brian Evans - Senior Vice President, Investor Relations and Treasurer Kurt Ekert - President and Chief Executive Officer Mike Randolfi - Chief Financial Officer Scott Wilson - Executive Vice President and President, Hospitality Solutions Conference Call Participants Jed Kelly - Oppenheimer & Co James Goodall - Redburn Josh Baer - Morgan Stanley James Lee - Mizuho Alex Irving - Bernstein Victor Chang - Bank of America Operator Good morning and welcome to the Sabre Second Quarter 2024 Earnings Conference Call. My name is Riska and I will be your operator.

Sabre's (SABR) second-quarter performance reflects gains from solid growth in global hotel and other travel bookings, combined with higher average booking fees and an improved cost structure.

While the top- and bottom-line numbers for Sabre (SABR) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Sabre (SABR) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.17 per share a year ago.

SOUTHLAKE, Texas , Aug. 1, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended June 30, 2024. Sabre has posted its second quarter 2024 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/financial-information/quarterly results.

NEW YORK, NY / ACCESSWIRE / August 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sabre Corporation ("Sabre") (NASDAQ:SABR) concerning possible violations of federal securities laws. On February 15, 2024, Sabre announced Q4 FY2023 financial results that missed analysts' expectations.

SOUTHLAKE, Texas , July 31, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), today announced the renewal of its long-term agreement with Wyndham Hotels & Resorts, the world's largest hotel franchisor with more hotels than any other company in the world. Under this renewed agreement, Wyndham will continue to utilize Sabre's cloud based SynXis Central Reservation System (CRS) to manage its operations, reaffirming Sabre Hospitality as their exclusive global central reservation system provider for nearly two decades.

SOUTHLAKE, Texas , July 30, 2024 /PRNewswire/ -- Sabre (NASDAQ: SABR), a leading software and technology company powering the global travel industry, today announced that American Airlines has renewed its subscription to PRISM, Sabre's industry-leading corporate travel contract management solution used by more than 30 of the world's premier airlines. PRISM is a powerful business intelligence solution that goes beyond a simple data feed, providing robust data analytics as well as reporting and services to help airlines optimize their corporate travel contracts.

NEW YORK, NY / ACCESSWIRE / July 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sabre Corporation ("Sabre") (NASDAQ:SABR) concerning possible violations of federal securities laws. On February 15, 2024, Sabre announced Q4 FY2023 financial results that missed analysts' expectations.

NEW YORK, NY / ACCESSWIRE / July 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sabre Corporation ("Sabre") (NASDAQ:SABR) concerning possible violations of federal securities laws. On February 15, 2024, Sabre announced Q4 FY2023 financial results that missed analysts' expectations.