Sabre Corporation (NASDAQ: SABR) has certainly been making waves in the stock market recently. Its stock prices have experienced a remarkable spike, increasing by 32.9% across 21 sessions despite the NASDAQ’s 0.12% decrease. This shows that the company has been resilient and flourishing in a market that’s been otherwise stagnant.
Texas-based travel tech provider’s performance
Texas-based travel tech provider Expedia Group Inc closed 52.08% below its 52-week high. However, the market volatility still offers potential investment opportunities and starkly illustrates how susceptible travel industries remain amid pandemic-related uncertainties.
Impressive financial performance of Sabre
Sabre has been delivering an outstanding financial performance despite the current challenges it faces. With earnings per share (EPS) reaching 1.82 for the trailing twelve months and EBITDA reaching 125.38, the company’s performance is undeniably commendable. Moreover, projected quarterly growth estimates stand at an impressive 8 percent this quarter and 60 percent for the subsequent ones.
Sabre’s revenue growth
The company recently reported a 27% year-on-year revenue growth over the past twelve months, with the revenue currently reaching $2.69 billion. This increase in revenue serves as a testament to the company’s ability to expand their market presence while remaining relevant in an increasingly digital travel sector.
In conclusion, Sabre Corporation’s impressive stock performance and financial output demonstrate its resilience amid an uncertain market. However, potential investors should stay aware of the persistent turbulence within the global travel industry that may influence future stock performance.
More news about Sabre Corporation (SABR).
