NYSE$GBTG
Global Business Travel Group I · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported strong revenue growth driven by business travel recovery and strategic initiatives.
American Express Global Business Travel reported a strong third quarter with significant revenue increase driven by the recovery in business travel and the inclusion of Egencia. The company's SME growth strategy is gaining traction, and the full-year 2022 guidance was reiterated.
- Revenue increased by 147% compared to the same period in 2021.
- Travel Revenue increased by 224% due to Egencia consolidation and Transaction Growth.
- Adjusted EBITDA improved by $116 million, or 154%.
- SME growth strategy continues to gain momentum with $2.5 billion in new SME customer wins.
Headline financials
Revenue & EPS history
GBTG · Revenue · Quarterly
$488M
Revenue by segment
GBTG · $492M total across 2 segments · Q3 2022
- Travel revenue$386M+224.4%78.5%
- Products & services$106M+29.3%21.5%
Forward guidance
The company reiterated its full-year 2022 guidance, considering various assumptions related to industry performance, competition, and economic conditions. However, actual results may differ due to the inaccuracy of these assumptions and other risks.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 13 quarterly earnings reports · overlaid with Q3 2022
+0.0%
Avg return
Earnings day
-2.7%
Avg return
5 days after
+4.1%
Avg return
30 days after
30%
6 / 20 earnings
Positive
+16.7%
Q2 2024
Best reaction
-10.4%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | -1.2% | -1.2% | |
| Q4 2025 | +1.4% | -3.1% | -3.8% | |
| Q3 2025 | -3.8% | -9.8% | -1.0% | |
| Q1 2025 | -10.4% | -15.4% | -5.7% | |
| Q4 2024 | -5.9% | -6.3% | -14.6% | |
| Q3 2024 | +0.7% | +7.6% | +23.0% | |
| Q2 2024 | +16.7% | +9.8% | +17.1% | |
| Q1 2024 | -4.3% | -4.0% | +5.9% | |
| Q4 2023 | -0.5% | -1.6% | +5.3% | |
| Q3 2023 | +2.4% | -2.0% | +10.7% | |
| Q2 2023 | +7.5% | +6.3% | -13.3% | |
| Q1 2023 | +9.0% | +8.7% | +39.5% | |
| Q4 2022 | -10.0% | -12.3% | -4.3% | |
| Q3 2022 | -0.2% | -14.0% | -0.2% | |
| Q2 2022 | — | — | — | |
| Q1 2022 | -0.2% | — | — | |
| Q4 2021 | +0.0% | — | — | |
| Q4 2020 | -0.3% | — | — | |
| Q3 2021 | -0.1% | — | — | |
| Q2 2021 | +0.0% | — | — | |
| Q1 2021 | -0.8% | — | — | |
| Q3 2020 | — | — | — |
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