NASDAQ$SABR

Sabre Corp · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Sabre's financial position was bolstered, and first quarter 2020 results were reported.

Sabre's Q1 2020 revenue totaled $659 million, a decrease from $1,049 million in Q1 2019. The company reported a net loss attributable to common stockholders of $213 million, or ($0.78) per share, and an adjusted EPS of ($0.29). The results were significantly impacted by the COVID-19 pandemic.

  • Revenue totaled $659 million, a 37.2% decrease year-over-year, primarily due to COVID-19.
  • Net loss attributable to common stockholders was $213 million, compared to net income of $57 million in Q1 2019.
  • Diluted net loss per share was ($0.78), compared to diluted net income per share of $0.20 in Q1 2019.
  • The company announced cost savings program with estimated savings of $325 million in 2020.

Headline financials

Total Revenue

$659M

Previous: $1.05B-37.2%
EPS (adj)

-$0.29

Previous: $0.34-185.3%
Total Bookings

85.8K

Previous: 154.9K-44.7%
Air Bookings

72.8K

Previous: 138.6K-47.4%
Lodging, Ground & Sea

12.9K

Previous: 16.4K-21.0%
Passengers Boarded

167.4K

Previous: 186.2K-10.1%
Capital Expenditures

-$28.4M

Previous: -$37.9M+24.9%
Free Cash Flow

-$241M

Previous: $19M-1370.0%
Net Income

-$213M

Previous: $56.9M-474.1%
Operating Income

-$151M

Previous: $110M-237.1%
Gross Profit

$47.5M

Previous: $262M-81.9%
Cash & Equivalents

$684M

Previous: $459M+49.0%
Total Assets

$5.71B

Previous: $5.86B-2.6%
Stock-Based Comp

$17.6M

Previous: $15.7M+12.0%

Revenue & EPS history

Sabre · Revenue · Quarterly

$659M

Q1 2020-37.2%vs Q1 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Sabre · $59M total across 1 segment · Q1 2020

  • IT Solutions
    $59M-19.0%

Forward guidance

Given the magnitude and the uncertainty related to the COVID-19 pandemic and its economic effects, on March 20, 2020, Sabre withdrew its February 26, 2020 guidance and has not given further guidance at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.3%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+0.7%

Avg return

30 days after

45%

24 / 53 earnings

Positive

+32.1%

Q4 2021

Best reaction

-32.9%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.0%-0.5%-9.8%
Q4 2025+24.0%-4.1%+40.7%
Q3 2025-0.5%-6.0%-18.5%
Q1 2025+0.0%+16.7%+12.7%
Q4 2024+22.4%+26.8%+3.2%
Q3 2024-22.4%-19.0%-4.6%
Q2 2024-8.5%-10.2%-11.1%
Q1 2024-11.0%-8.3%+7.9%
Q4 2023-32.9%-37.2%-55.1%
Q3 2023+18.0%-4.4%+8.6%
Q2 2023+30.9%+45.3%+45.5%
Q1 2023-7.1%-7.1%-12.2%
Q4 2022-16.3%-22.8%-43.7%
Q3 2022-21.5%-21.7%+4.5%
Q2 2022+18.1%+19.8%+13.7%
Q1 2022-9.3%-17.8%-25.8%
Q4 2021+32.1%+28.0%+18.7%
Q3 2021-15.2%-8.0%-22.4%
Q2 2021-4.3%+1.1%-1.9%
Q1 2021-17.3%-13.9%-5.8%
Q4 2020+2.3%+24.9%+35.9%
Q3 2020+32.0%+21.9%+64.9%
Q2 2020-3.2%+1.7%-8.2%
Q1 2020+0.1%-12.6%+54.9%
Q4 2019-24.7%-30.3%-68.4%
Q3 2019+3.2%+1.2%+1.8%
Q2 2019+6.4%+5.2%+0.6%
Q1 2019-8.6%-4.2%-10.6%
Q4 2018-0.9%-3.9%-8.3%
Q3 2018+7.8%+6.7%+13.9%
Q2 2018-6.0%-4.5%+0.5%
Q1 2018+12.8%+12.7%+18.8%
Q4 2017+18.6%+21.6%+15.8%
Q3 2017+7.7%+3.3%+9.7%
Q2 2017-8.9%-10.8%-16.7%
Q1 2017+3.2%+4.5%-3.7%
Q4 2016-12.1%-8.2%-12.9%
Q3 2016-11.1%-10.7%-3.1%
Q2 2016-9.0%-8.0%-2.9%
Q1 2016+3.4%
Q4 2015+12.3%
Q3 2015-3.0%
Q2 2015+6.3%
Q1 2015+1.3%
Q4 2012-0.8%
Q4 2014-2.4%
Q3 2013-1.4%
Q3 2014-0.5%
Q2 2013-0.7%
Q2 2014-0.7%
Q1 2014+3.4%
Q1 2013+3.4%
Q4 2013+3.4%

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