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Why Sabre Stock Lost Altitude on Tuesday
The Motley Fool· 2024-11-19 23:03
An analyst downgrade was the news that pushed down the share price of Sabre (SABR -3.43%) on the second business day of the week. The travel industry software mainstay lost altitude to the tune of over 3%, on a day when the S&P 500 (^GSPC 0.40%) index ended up posting an increase of 0.4%.A switch to sellWell before market open, Bernstein SocGen prognosticator Alex Irving made that Sabre recommendation change. For him, the travel software specialist is now an underperform (sell, in other words), where former ...
Sabre Red Launchpad™, now available to travel agencies around the world
Prnewswire· 2024-11-13 13:30
After a successful pilot phase leading to sales growth for launch partner Internova Travel Group, Sabre Red Launchpad is now being rolled out for new and independent travel agents SOUTHLAKE, Texas, Nov. 13, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, is launching Sabre Red Launchpad™  to simplify booking travel. Building on promising results from its pilot phase, the professional grade, user-friendly interface provide ...
Sabre Gold Completes the Repurchase of Royalty on the Copperstone Gold Project
Newsfile· 2024-11-11 12:15
Toronto, Ontario--(Newsfile Corp. - November 11, 2024) - Sabre Gold Mines Corp. (TSX: SGLD) (OTCQB: SGLDF) ("Sabre Gold" or the "Company") is pleased to announce that it has successfully completed the previously announced repurchase of the 1.5% net smelter returns royalty ("NSR") on the Copperstone Gold project ("Copperstone") held by Trans Oceanic Minerals Company Ltd. ("TOMC") for a total consideration of US$1.25 million. As part of the agreement, Sabre Gold satisfied the purchase price through the trans ...
Sabre Corporation Announces Exchange Offers by Sabre GLBL Inc. for Certain Senior Secured Debt Securities
Prnewswire· 2024-11-08 01:26
SOUTHLAKE, Texas, Nov. 7, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") today announced that Sabre GLBL Inc. ("Sabre GLBL"), a wholly-owned subsidiary of Sabre, has commenced exchange offers (each, an "Exchange Offer" and together, the "Exchange Offers") to exchange certain of its outstanding 11.250% Senior Secured Notes due 2027 (the "December 2027 Notes") and 8.625% Senior Secured Notes due 2027 (the "June 2027 Notes" and, together with the December 2027 Notes, the "Existing Notes" and each of them a " ...
Sabre and BookLogic partner to advance retailing and distribution strategies across Turkey and the Middle East
Prnewswire· 2024-11-07 17:41
Collaboration brings SynXis® platform and global GDS/IDS connectivity and alternative distribution channels for up to 1,200 independent hotels and resorts globally with a focus on driving growth in the United Arab Emirates, Turkey, Qatar, and Saudi ArabiaSOUTHLAKE, Texas and ISTANBUL, Nov. 7, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new partnership with BookLogi ...
Air India advances partnership with Sabre with launch of NDC content
Prnewswire· 2024-11-07 13:30
Sabre-connected agencies can now book NDC content from India's flagship carrierSOUTHLAKE, Texas and SINGAPORE and NEW DELHI, India, Nov. 7, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a major milestone in air travel distribution for India, with the launch of New Distribution Capability (NDC) content for Air India, the country's flagship airline.As part of Air India's strategic modernization efforts, ...
Sabre Q3 Loss Wider Than Expected: Will Weak Results Drag Stock Down?
ZACKS· 2024-11-01 13:31
Sabre Corporation (SABR) reported third-quarter 2024 adjusted loss of 4 cents per share, wider than the Zacks Consensus Estimate of a loss of 2 cents. However, the figure was narrower than the year-ago quarter’s loss of 6 cents. The year-over-year improvement in the bottom line was due to the benefits of increased revenues and cost-improvement implementations.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Sabre reported revenues of $764.7 million, which missed the consensus mark of $ ...
Sabre(SABR) - 2024 Q3 - Earnings Call Transcript
2024-10-31 18:52
Sabre Corporation (NASDAQ:SABR) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Brian Evans - Senior Vice President, Investor Relations & Treasurer Kurt Ekert - President & Chief Executive Officer Mike Randolfi - Chief Financial Officer Conference Call Participants Josh Baer - Morgan Stanley Jed Kelly - Oppenheimer & Company Victor Cheng - Bank of America Operator Good morning and welcome to the Sabre Third Quarter 2024 Earnings Conference Call. My name is Riska and I will ...
Sabre(SABR) - 2024 Q3 - Earnings Call Presentation
2024-10-31 16:34
Sabre ©2024 Sabre GLBL Inc. All rights reserved. 1 Q3 2024 Earnings Report 31 October 2024 Forward-looking statements Forward-looking Statements Certain statements herein are forward-looking statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future. Any statements that are not historical or current facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as "guidance," "outlook," "target," "expe ...
Compared to Estimates, Sabre (SABR) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-31 15:01
Sabre (SABR) reported $764.71 million in revenue for the quarter ended September 2024, representing a yearover-year increase of 3.3%. EPS of -$0.04 for the same period compares to -$0.06 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $773.46 million, representing a surprise of -1.13%. The company delivered an EPS surprise of -100.00%, with the consensus EPS estimate being -$0.02. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...