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Sep 30, 2021
Sabre Q3 2021 Earnings Report
Sabre's earnings metrics significantly improved versus prior year, driven by increased revenue due to the continued recovery from the COVID-19 pandemic and a decrease in the provision for expected credit losses.
Key Takeaways
Sabre's Q3 2021 revenue totaled $441 million, a 58% increase compared to Q3 2020. The company reported a net loss attributable to common stockholders of $241 million, or $0.75 per share, and an adjusted EPS of ($0.50).
Entered into agreement to sell AirCentre, Sabre's airline operations portfolio, to narrow strategic focus and strengthen liquidity position
Completed successful migration of GOL Linhas Aéreas, Brazil's largest domestic airline, onto the SabreSonic passenger service system
Increased average booking fee sequentially versus the first and second quarters of 2021 due to more favorable bookings mix
Progressed cloud migration and decommissioned almost 2,000 legacy servers
Revenue by Segment
Forward Guidance
Given the ongoing magnitude and the uncertainty related to the COVID-19 pandemic and its economic effects, Sabre has not given guidance at this time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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