SABRE CORPORATION Reports Record Earnings Results for Q2 2023
August 7, 2023
🌥️Earnings Overview
On August 3 2023, SABRE CORPORATION ($NASDAQ:SABR) reported their second quarter of fiscal year 2023 earnings results ending June 30 2023. Total revenue had grown by 12.2% year-on-year to USD 737.5 million, while net income was down to -123.9 million from the prior year’s -187.4 million.
Price History
On Thursday, SABRE CORPORATION announced record earnings results for Q2 2023, resulting in a 32.5% surge in their stock price. The stock opened at $4.2 and closed at $4.9, soaring from the previous closing price of 3.7. This momentum is a testament to the strength of SABRE CORPORATION’s current business model and the bright outlook for their future. SABRE CORPORATION also announced that their gross margin had grown by 4% during the period, indicating a higher level of efficiency within their operations. The company also provided a positive outlook for the future, predicting further growth in both revenue and profits over the coming year.
This optimism was reflected in the market as investors continued to show their support for SABRE CORPORATION’s management team. Overall, SABRE CORPORATION’s strong performance in the second quarter of 2023 is an indication of the company’s potential for long-term success. With an efficient operational model and bullish outlook, it is clear that SABRE CORPORATION is well-positioned to continue delivering positive results in the years ahead. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sabre Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 2.77k | -539.72 | -18.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sabre Corporation. More…
| Operations | Investing | Financing |
| -163.81 | -159.47 | 35.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sabre Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.92k | 5.99k | -3.3 |
Key Ratios Snapshot
Some of the financial key ratios for Sabre Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.3% | -7.5% | -4.7% |
| FCF Margin | ROE | ROA |
| -8.9% | 8.0% | -1.7% |
Analysis
At GoodWhale, we conducted an analysis of SABRE CORPORATION’s financials, and based on our Risk Rating, we have determined that they are a medium risk investment in terms of financial and business aspects. Our analysis of SABRE CORPORATION’s income sheet and balance sheet uncovered two risk warnings that investors should be aware of. To get more insight into SABRE CORPORATION’s investment profile, visit goodwhale.com. We provide detailed information about the company and its financials so you can make informed decisions about your investments. More…
Peers
The competition between Sabre Corp and its competitors is fierce. Amadeus IT Group SA, Ying Hai Group Holdings Co Ltd, and Expedia Group Inc are all major players in the travel industry, and each company is fighting for market share. The company’s main competitors are Amadeus IT Group SA, Ying Hai Group Holdings Co Ltd, and Expedia Group Inc.
– Amadeus IT Group SA ($OTCPK:AMADY)
Amadeus IT Group SA is a Spanish company that provides global distribution system services for the travel and tourism industry. It is headquartered in Madrid. As of 2022, Amadeus IT Group’s market capitalization is €22.74 billion and its return on equity is 7.86%. The company’s main products and services include airline reservations systems, hotel booking systems, and car rental systems. Amadeus IT Group also offers consulting and IT services to the travel and tourism industry.
– Ying Hai Group Holdings Co Ltd ($SEHK:08668)
Ying Hai Group Holdings Co Ltd is a holding company that engages in the provision of shipping transportation services. The company operates through the following segments: Container Shipping, Bulk Shipping, and Logistics. The Container Shipping segment offers container transportation services. The Bulk Shipping segment provides dry bulk transportation services. The Logistics segment handles the logistics and warehousing businesses. Ying Hai Group Holdings was founded on June 6, 1997 and is headquartered in Hong Kong.
– Expedia Group Inc ($NASDAQ:EXPE)
Expedia Group is an online travel company that operates websites and mobile apps under a variety of brands. It offers a search engine for finding flights, hotels, rental cars, and vacation packages. The company also provides travel planning services, trip insurance, and other travel-related products and services. Expedia Group is headquartered in Bellevue, Washington.
Summary
SABRE CORPORATION reported their second quarter earnings for the fiscal year 2023 ending June 30, 2023 on August 3, 2023. Total revenue increased by 12.2% to USD 737.5 million, and net income decreased from -187.4 million to -123.9 million. The stock price moved up after the announcement suggesting that investors are bullish on the company’s performance. Going forward, investors should continue monitoring SABRE CORPORATION’s quarterly results to assess its growth trajectory and financial health.
Additionally, investors should be aware of any changes in management and company regulations which may impact the stock price.
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