Sabre (SABR) Tops Q1 EPS by 7c
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Sabre (NASDAQ: SABR) reported Q1 EPS of $0.42, $0.07 better than the analyst estimate of $0.35. Revenue for the quarter came in at $915.4 million versus the consensus estimate of $897.62 million.
• | First quarter revenue increased 6.5% |
• | Airline and Hospitality Solutions revenue grew 8.2% |
• | Travel Network revenue rose 6.1%, with bookings growth of 5.8% |
• | Net income attributable to common stockholders of $75.9 million decreased 27.8% and diluted net income attributable to common stockholders per share (EPS) of $0.27 decreased 27.0% |
• | Adjusted EBITDA and Adjusted EPS of $297.6 million and $0.42, an increase of 3.5% and 2.4%, respectively |
• | Full-year 2017 guidance reiterated |
For earnings history and earnings-related data on Sabre (SABR) click here.
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