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Sabre Corp (SABR.OQ)

SABR.OQ on NASDAQ Stock Exchange Global Select Market

22.56USD
26 May 2017
Change (% chg)

$-0.41 (-1.78%)
Prev Close
$22.97
Open
$23.04
Day's High
$23.04
Day's Low
$22.49
Volume
1,401,680
Avg. Vol
1,196,213
52-wk High
$29.62
52-wk Low
$20.12

Latest Key Developments (Source: Significant Developments)

Sabre Corp expects to record charge of about $80 mln-$100 mln, before taxes
Wednesday, 24 May 2017 05:21pm EDT 

May 24 (Reuters) - Sabre Corp :Sabre corp - expects to record charge of about $80 million to $100 million, before taxes - sec filing.Sabre corp - ‍impairment charge represents a non-cash expense in q2 of 2017​.Sabre says impairment charge to result in material impact on sabre’s financial results.Sabre - ‍expects to record charge for impairment of previously capitalized net costs, other assets related to contract with air berlin plc & co luftverkehrs kg​.Sabre corp - matters related to charge are expected to further adversely impact sabre's future results of operations and cash flow.  Full Article

Sabre Q1 earnings per share $0.27
Tuesday, 2 May 2017 08:21am EDT 

May 2 (Reuters) - Sabre Corp : :Q1 earnings per share $0.27.Q1 adjusted earnings per share $0.42 from continuing operations.Sabre Corp - sabre reiterated full-year 2017 guidance for revenue, adjusted EBITDA, adjusted net income, adjusted EPS and free cash flow.Q1 revenue rose 6.5 percent to $915.4 million.Q1 earnings per share view $0.35, revenue view $897.6 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $1.37, revenue view $3.57 billion -- Thomson Reuters I/B/E/S.  Full Article

Sabre Corp to provide consulting services to AFRAA member airlines
Wednesday, 5 Apr 2017 09:35am EDT 

Sabre Corp :Says will provide consulting services to several of its member airlines through a new agreement with African Airlines Association.  Full Article

Sabre's unit entered into term facility amendment
Friday, 24 Feb 2017 04:55pm EST 

Sabre Corp : On Feb. 22, co's unit entered into term facility amendment dated feb 22 to its senior secured credit facilities .Sabre - amendment to agreement entered into to provide additional dollar-denominated term loan B tranche of term loans in amount of $1.9 billion.  Full Article

Sabre posts Q4 earnings per share of $0.09
Tuesday, 7 Feb 2017 07:41am EST 

Sabre Corp : Q4 earnings per share $0.09 . Announced increase in quarterly targeted dividend to $0.14 per shar . Approval of a multi-year $500 million share repurchase program . Q4 revenue rose 9.4 percent to $829.6 million . Qtrly adjusted earnings per share $0.27 . Q4 earnings per share view $0.31, revenue view $827.1 million -- Thomson Reuters I/B/E/S . Sees FY adjusted EPS $1.31 - $1.45 . Sees 2017 revenue $3,540 - $3,620 million . Sees FY free cash flow approximately $350 million . FY2017 earnings per share view $1.59, revenue view $3.61 billion -- Thomson Reuters I/B/E/S .Q4 earnings per share view $0.31, revenue view $827.1 million -- Thomson Reuters I/B/E/S.  Full Article

Sabre released statement on verdict in US Airways litigation
Tuesday, 20 Dec 2016 04:20pm EST 

Sabre Corp : Released statement on verdict in US Airways litigation . Sabre Corp - expect to file a motion to set aside verdict immediately, which would award $5.1 million in single damages to US Airways . Sabre Corp says "to extent court declines to grant motion to set aside verdict, we will pursue an appeal" .Sabre Corp - expect to file a motion to set aside verdict immediately, which would award $5.1 million in single damages to US Airways.  Full Article

Serko says to collaborate with Sabre to develop online booking tool
Monday, 22 Aug 2016 10:02pm EDT 

Serko Ltd : Says deal will start contributing to serko's revenue in the second half of FY 2017 . Announced a collaboration to develop the next generation of Sabre online, deal to be worth a minimum of NZ$1 million per annum .  Full Article

Sabre reports Q2 adj EPS $0.37 from continuing operations
Tuesday, 2 Aug 2016 08:00am EDT 

Sabre Corp : Q2 adjusted earnings per share $0.37 from continuing operations . Q2 earnings per share $0.25 . Q2 revenue rose 19.5 percent to $845.2 million . Q2 earnings per share view $0.35, revenue view $849.7 million -- Thomson Reuters I/B/E/S . "We now expect full-year revenue to be toward lower end of our guidance range, or closer to 14.5 percent" . Year adjusted EBITDA, adjusted net income and adjusted EPS to be near midpoint of guidance ranges . "Looking over balance of year, macro environment has deteriorated somewhat, which will impact bookings growth in back half of year" . Sees FY Adjusted EPS In The Range Of $1.40 to $1.47 . Sees FY revenue $3,390 million to $3,430 million . Adjusting our expectations for 2016 free cash flow to approaching $375 million . FY2016 earnings per share view $1.46, revenue view $3.42 billion -- Thomson Reuters I/B/E/S Source (http://bit.ly/2ap2vY0) Further company coverage: [SABR.O] ((Bengaluru Newsroom; +91 80 6749 1130;)).  Full Article

CEO of Sabre Tom Klein to resign effective Dec. 31
Monday, 20 Jun 2016 05:00pm EDT 

Sabre Corp : Sabre corporation announces ceo transition . Says reiterates Full-Year 2016 guidance and medium-term goals . Tom Klein, president and ceo announced that he will resign from sabre and its board of directors effective december 31, 2016 . Sabre corp says tom klein will continue to serve as ceo while board conducts a formal search for his successor .Sabre corporation announces ceo transition.  Full Article

Sabre Corporation announces sale of common stock by existing shareholders
Thursday, 25 Feb 2016 04:24pm EST 

Sabre Corp:Announces sale of common stock by existing shareholders.Says secondary public offering of 20 million shares of common stock.Says secondary public offering of 20 million shares by stockholders affiliated with tpg global llc,silver lake management company II l.l.c.  Full Article

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