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Sabre's Q1 Earnings Miss Expectations, Revenues Decline Y/Y
ZACKS· 2025-05-08 14:16
Sabre Corporation (SABR) reported break-even first-quarter 2025 bottom line against the Zacks Consensus Estimate of earnings of 1 cent per share. The company had incurred a loss of 2 cents per share in the year-ago quarter.Sabre reported revenues of $776.62 million for the quarter ended March 31, 2025, which missed the Zacks Consensus Estimate by 1.77%. The figure declined 0.8% year over year.Sabre’s Q1 in DetailThe Travel Solutions segment’s revenues declined 2% year over year to $702.13 million. The growt ...
Sabre appoints Jennifer Catto as Executive Vice President and Chief Marketing Officer
Prnewswire· 2025-05-08 12:30
SOUTHLAKE, Texas, May 8, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, today announced the appointment of Jennifer Catto as Executive Vice President and Chief Marketing Officer. As part of Sabre's Executive Leadership Team, Jennifer will shape the company's global marketing strategy and brand, helping to drive growth, deepen customer engagement, and position Sabre for the future. Sabre appoints Jennifer Catto as Executive Vice President and Chief Mark ...
Stack Capital Group Inc. Reports Q1-2025 Financial Results
Globenewswire· 2025-05-08 11:45
Core Insights - Stack Capital Group Inc. reported its financial results for Q1 2025, with a Book Value per Share (BVpS) of $12.06, down from $12.29 as of December 31, 2024 [4] - The Company made significant investments in various technology sectors, including AI, autonomous robotics, and travel, with notable portfolio companies such as CoreWeave, Shield AI, and Omio [4][6] Financial Performance - As of March 31, 2025, Stack Capital's total Book Value was $129.7 million [4] - The Company invested an additional US$2.2 million in CoreWeave prior to its IPO, which subsequently saw a share price increase of 45% from March 31, 2025, contributing an estimated $0.45 increase to the BVpS [4][6] - Shield AI raised US$240 million at a valuation of US$5.3 billion, enhancing its position within Stack Capital's portfolio [4] Portfolio Highlights - The breakdown of Book Value per Share as of March 31, 2025, includes: - SpaceX: $2.18 - Locus Robotics: $1.32 - Canva: $1.29 - Omio: $1.11 - Hopper: $1.07 - Newfront Insurance: $1.07 [3][5] - Following the quarter-end, SpaceX received FAA approval to increase its Starship launches to 25 per year, which is expected to benefit its Starlink satellite communications business [4] - Locus Robotics launched its 'Array' autonomous mobile robot, which significantly reduces manual labor in warehouse operations [4] Strategic Developments - Omio expanded its services into Southeast Asia, adding over 14,000 bus routes and aiming to become a comprehensive multi-modal travel provider by Q4 2025 [4] - The Company is focused on maximizing long-term performance through a diversified portfolio of high-growth businesses, which are not widely available to most Canadian investors [6]
Marriott Vacations Q1 Earnings Surpass Estimates, Revenues Lag
ZACKS· 2025-05-08 11:30
Core Viewpoint - Marriott Vacations Worldwide Corporation (VAC) reported first-quarter 2025 results with earnings exceeding expectations while revenues fell short, leading to an 8.1% increase in share price after hours due to a positive earnings outlook for 2025 [1][2]. Financial Performance - Adjusted earnings per share (EPS) for Q1 2025 were $1.66, surpassing the Zacks Consensus Estimate of $1.56 by 6.4%, but down from $1.80 in the same quarter last year [2]. - Quarterly revenues reached $1.2 billion, missing the consensus estimate of $1.22 billion by 1.9%, but reflecting a year-over-year increase of 0.4% [2]. Segmental Performance - The Vacation Ownership segment generated revenues of $757 million, up from $730 million in the prior-year quarter [3]. - Total contract sales in the Vacation Ownership segment fell 2% year over year to $420 million, primarily due to a lower volume per guest, with first-time buyers contributing to the decline [4]. - Adjusted EBITDA for the Vacation Ownership segment was $221 million, a 4% increase from $213 million in the previous year, with an adjusted EBITDA margin of 29.2%, unchanged year over year [5]. - The Exchange & Third-Party Management segment saw revenues decline 9% year over year to $56 million [5]. Membership and Revenue Metrics - Total active interval international members decreased by 2% year over year to 1.54 million, with average revenue per member declining 4% to $39.94 [6]. - Adjusted EBITDA for this segment was $28 million, down 13% year over year, with an adjusted EBITDA margin contracting by 230 basis points to 49% [6]. Corporate Results - General and administrative expenses for Q1 totaled $61 million, down from $63 million in the prior-year quarter [7]. - Total expenses increased by 1.2% year over year to $1.07 billion [7]. - Adjusted EBITDA for the company was $192 million, up 3% from $187 million in the previous year [7]. Balance Sheet - As of March 31, 2025, cash and cash equivalents were $196 million, slightly down from $197 million at the end of 2024 [8]. - The company had $3 billion in corporate debt and $2 billion in non-recourse debt related to securitized notes receivable [9]. 2025 Outlook - Management revised the contract sales expectation for 2025 to a range of $1.74-$1.83 billion, down from the previous estimate of $1.85-$1.925 billion [10]. - Adjusted EBITDA is now expected to be between $750 million and $780 million, with adjusted income anticipated in the range of $250 to $280 million [10]. - Adjusted EPS is projected to be between $6.40 and $7.10, an increase from the prior expectation of $6.30 and $7.00 [10]. - Adjusted free cash flow is expected to be in the range of $270-$330 million, down from the previous estimate of $290-$350 million [11].
Webuy Global Ltd. (Nasdaq: WBUY) Reinstated Listing on Nasdaq Capital Market and Returns to Profitability with Strong First Quarter Growth in Travel
GlobeNewswire News Room· 2025-05-08 10:30
Singapore, May 08, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY), a forward-thinking, technology-driven e-commerce and travel platform in Southeast Asia, today announced that the Company has been successfully reinstated on the Nasdaq Capital Market (“Nasdaq”), effective May 8, 2025. The relisting follows confirmation from Nasdaq that the Company has regained compliance with the minimum bid price requirement under Rule 5550(a)(2). Webuy’s return to Nasdaq  is a pivotal milestone in its broader tu ...
Compared to Estimates, Sabre (SABR) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-07 14:36
For the quarter ended March 2025, Sabre (SABR) reported revenue of $776.62 million, down 0.8% over the same period last year. EPS came in at $0.00, compared to -$0.02 in the year-ago quarter.The reported revenue represents a surprise of -1.77% over the Zacks Consensus Estimate of $790.57 million. With the consensus EPS estimate being $0.01, the EPS surprise was -100.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...
Booking Holdings: What Trade War?
Seeking Alpha· 2025-05-07 12:24
Core Viewpoint - The current economic climate, characterized by a trade war and uncertainty, may not seem favorable for investing in discretionary travel stocks like Booking Holdings [1] Group 1 - The article discusses the potential for investment in Booking Holdings despite the ongoing trade war and economic uncertainty [1] - The author expresses a personal interest in uncovering investment opportunities across various sectors, including equities and cryptocurrencies [1] - The author has a background in communications and an MBA, indicating a level of expertise in investment analysis [1] Group 2 - There is a disclosure stating that the author does not hold any positions in the mentioned companies but may consider initiating a long position in Booking Holdings within the next 72 hours [2] - The article emphasizes that the views expressed are personal opinions and not influenced by any compensation or business relationships [2][4] - The author encourages readers to conduct their own due diligence regarding investment decisions [3]
Sabre(SABR) - 2025 Q1 - Earnings Call Presentation
2025-05-07 12:12
Q1 2025 Earnings Report 7 May 2025 ©2025 Sabre GLBL Inc. All rights reserved. 1 Forward-looking statements More information about potential risks and uncertainties that could affect our business and results of operations is included in the "Risk Factors" and "Forward-Looking Statements" sections in our Quarterly Report on Form 10-Q filed with the SEC on May 7, 2025, in our Annual Report on Form 10-K filed with the SEC on February 20, 2025 and in our other filings with the SEC. Although we believe that the e ...
流量变留量,济南假期经济“破圈—沉淀”的双重密码
Qi Lu Wan Bao Wang· 2025-05-07 12:07
Group 1 - The core idea of the article revolves around transforming the influx of tourists during the "May Day" holiday into sustainable economic growth for Jinan, with a focus on converting short-term visitor flow into long-term consumer engagement [1][2][6] - Jinan's cultural and tourism bureau has launched a "15-minute city roaming route" to enhance visitor experience and increase overnight stays, thereby driving economic activity in surrounding commercial areas [2][3] - The "531 Shopping Market" at major scenic spots has successfully attracted tourists, promoting local cultural products and enhancing the overall visitor experience [2][3] Group 2 - The "Six Advances" series of activities for Shandong's foreign trade products leveraged the holiday crowd, resulting in significant sales for participating foreign trade enterprises [3] - The reopening of the tea house at the Baotu Spring scenic area has seen high customer traffic, effectively converting tourist flow into consumer spending [3][6] - Jinan's government has implemented various consumer subsidies, including home appliance and furniture vouchers, which have led to a notable increase in foot traffic and sales in retail stores [4][5] Group 3 - The city has created a "flow-reserve-consumption-repurchase" closed loop to ensure that the influx of tourists translates into lasting economic benefits [6][8] - Jinan's strategic initiatives include extending public transport hours and offering free entry to attractions with boarding passes, enhancing accessibility for tourists [7] - The establishment of a consumption alliance among various sectors aims to boost consumer confidence and stimulate spending across the city [7][8]
Sabre's first quarter 2025 earnings materials available on its Investor Relations website
Prnewswire· 2025-05-07 11:55
SOUTHLAKE, Texas, May 7, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended March 31, 2025. Sabre has posted its first quarter 2025 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/financial-information/quarterly results. The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov.As previously announced, Sabre will host a live webcast of its f ...