NASDAQ$SABR
Sabre Corp · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Announced strategic initiatives to increase addressable market and lower costs by 2024 and reported solid results.
Sabre's Q4 2019 revenue increased by 1.9% to $941.4 million, with net income attributable to common stockholders at $10.1 million, and adjusted EPS at $0.16. The company is investing in technology to transform its marketplace and expand its services.
- Acquired Radixx and investing in low-cost carrier solutions.
- Announced plans to build full-service property management system with Accor.
- Joined forces with Google Cloud to utilize emerging technology trends.
- Expects $150 million incremental technology spend in 2020 to support strategic initiatives.
Headline financials
Revenue & EPS history
Sabre · Revenue · Quarterly
$941M
Revenue by segment
Sabre · $71.4M total across 1 segment · Q4 2019
- IT Solutions$71.4M+7.0%100.0%
Forward guidance
Sabre expects to spend an incremental $150 million on technology in 2020 to build an advanced travel marketplace. The 2020 financial outlook includes this incremental technology spend. The global health crisis related to the Coronavirus (COVID-19) is impacting travel bookings and will have a material impact on the company's 2020 financial results.
Tailwinds
- Partnership with Google to facilitate technology transformation and help unlock future revenue opportunities.
- Expects core business to perform well and in line with previous expectations.
- Expects to realize a healthy Adjusted EBITDA margin of 26% or greater in 2024 upon completion of technology transformation.
- Strategic initiatives are focused on creation and distribution of personalized offers including through NDC.
- Increasing footprint in low-cost carrier growth and innovation.
Headwinds
- Incremental technology spend will have a material impact on financial results.
- Global health crisis related to the Coronavirus and its impact on travel will materially impact 2020 financial results.
- Coronavirus impact is not included in the 2020 guidance.
- Preliminary estimate of the first quarter 2020 impact includes a revenue hit of $100M - $150M.
- Preliminary estimate of the first quarter 2020 impact includes an Adjusted EBITDA hit of $50M - $80M.
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 Q4 2019
+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
| Quarter | Report date | Reaction (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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