Sabre shares rally after first-quarter earnings and revenue beat expectations
Updated
Updated · MarketWatch · May 7
Sabre shares rally after first-quarter earnings and revenue beat expectations
8 articles · Updated · MarketWatch · May 7
The stock jumped 23% to $2.26 premarket as the Southlake, Texas, travel-booking technology company posted adjusted EPS of 6 cents against forecasts for a 7-cent loss.
Revenue rose 8% to $760.3 million, beating the $739 million analyst estimate, while net income fell to $8.1 million, or 2 cents a share, from $35.3 million, or 9 cents.
Sabre reaffirmed its 2026 adjusted EBITDA target of about $585 million, although chief executive Kurt Ekert said Middle East conflict and higher fuel prices have weighed on near-term air bookings.
With massive debt and delisting risks, can Sabre’s big AI gamble truly deliver financial salvation?
Is Sabre's rosy outlook built on a fragile assumption the Middle East conflict will simply vanish?