Sabre Corp reports results for the quarter ended March 31 - Earnings Summary

• Sabre Corp SABR.OQ reported quarterly breakeven results​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of four analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 2 cents per share.

• Revenue fell 0.8% to $776.62 million from a year ago; analysts expected $797.47 million.

• Sabre Corp's reported EPS for the quarter was 9 cents​.

• The company reported quarterly net income of $35.34 million.

• Sabre Corp shares had fallen by 12.8% this quarter and lost 32.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 91.7% 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 "hold."

• Wall Street's median 12-month price target for Sabre Corp is $4.00

This summary was machine generated from LSEG data May 7 at 01:31 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)