NASDAQ$SABR

Sabre Corp · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Significantly improved earnings metrics compared to the prior year, with revenue and Adjusted EBITDA at the high end and above guidance, respectively.

Sabre's Q2 2021 revenue totaled $420 million, a significant increase from $83 million in Q2 2020. The company reported a net loss attributable to common stockholders of $251 million, or $0.79 per share, and an adjusted EPS of ($0.52). The recovery trends accelerated, showing the strongest sequential improvement since Q3 2020, led by US domestic leisure bookings and North America.

  • Bookings environment improved during the quarter despite COVID-19 impact.
  • Net air bookings exited Q2 with June at 51% of 2019 levels, a 17 percentage point sequential improvement from March.
  • Strongest improvement in global hotel bookings and air bookings in North America.
  • Announced SabreSonic passenger service system wins, representing nearly 40 million passengers boarded based on 2019 levels.

Headline financials

Total Revenue

$420M

Previous: $83M+405.4%
EPS (adj)

-$0.52

Previous: -$1.30+60.0%
Total Bookings

56.8M

Previous: -7.3K+778407.3%
Air Bookings

51.1M

Previous: -8.9K+572598.0%
Passengers Boarded

103.7M

Previous: 19.8K+523416.3%
Capital Expenditures

-$10.8M

Previous: -$39.3M+72.5%
Free Cash Flow

-$257M

Previous: -$483M+46.9%
Net Income

-$246M

Previous: -$444M+44.6%
Operating Income

-$180M

Previous: -$384M+53.0%
Gross Profit

$240M

Previous: -$268M+189.7%
Cash & Equivalents

$1.12B

Previous: $1.31B-14.1%
Total Assets

$5.61B

Previous: $6.13B-8.5%
Stock-Based Comp

$29.5M

Previous: $8.76M+236.4%

Revenue & EPS history

Sabre · Revenue · Quarterly

$420M

Q2 2021+405.4%vs Q2 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Sabre · $424M total across 2 segments · Q2 2021

  • Distribution
    $373M
  • IT Solutions
    $51M+75.8%

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.

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 Q2 2021

Historical avgQ2 2021

+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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro