Sabre (NASDAQ:SABR – Get Free Report) posted its quarterly earnings results on Thursday. The information technology services provider reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.09, FiscalAI reports. The firm had revenue of $738.43 million for the quarter, compared to analysts’ expectations of $731.81 million.
Here are the key takeaways from Sabre’s conference call:
- Sabre raised its 2026 pro forma adjusted EBITDA outlook for the second consecutive quarter, to approximately $610 million, and increased its free cash flow outlook to approximately negative $50 million. Excluding about $60 million in restructuring costs, the company expects positive free cash flow in 2026 and anticipates positive free cash flow in 2027.
- Third-quarter revenue grew 3% to $738 million, while normalized adjusted EBITDA rose 13% to $170 million and adjusted EBITDA margin expanded 200 basis points. Gross margin of 57.7% exceeded the company’s prior expected range.
- Air Marketplace bookings declined 1%, with Sabre estimating that Middle East conflict and higher fuel prices created a 300–400 basis-point headwind; softer leisure demand was most pronounced in EMEA and Asia Pacific. The company reaffirmed its full-year bookings outlook and said bookings had improved sequentially early in the fourth quarter.
- Sabre cited growth opportunities across its businesses: lodging and other bookings rose 8%, hotel-related revenue increased 14%, and quarterly payments gross spend grew 27%. It also pointed to new airline technology wins and said its refinancing extended $1.35 billion of maturities to 2032, with no large maturities due before the third quarter of 2029.
Sabre Trading Down 3.4%
Shares of SABR traded down $0.06 during trading hours on Thursday, hitting $1.68. 7,572,802 shares of the stock traded hands, compared to its average volume of 8,745,183. Sabre has a 1-year low of $0.81 and a 1-year high of $2.50. The business has a fifty day moving average of $1.95 and a 200-day moving average of $1.74.
More Sabre News
Here are the key news stories impacting Sabre this week:
- Positive Sentiment: Sabre posted Q3 adjusted earnings of $0.11 per share, versus the $0.02 consensus estimate, and revenue of $738.43 million, above expectations of $731.81 million. Earnings also improved from a year-ago loss of $0.01 per share. The beats provide a near-term positive signal about results. Article: Sabre beats Q3 2026 sales expectations
- Neutral Sentiment: Coverage described a PayPal-Sabre-Mindtrip approach to agentic travel booking. It highlights a potential technology and booking opportunity, but the supplied article information does not indicate a near-term financial impact. Article: Inside the PayPal-Sabre-Mindtrip playbook
- Negative Sentiment: High fuel costs contributed to a decline in Sabre’s Q3 air bookings. Fewer bookings could pressure transaction volumes and revenue if the headwind persists, tempering the positive earnings surprise. Article: High fuel costs lead to decline in Sabre’s Q3 air bookings
Analysts Set New Price Targets
A number of research analysts recently weighed in on the company. Zacks Research downgraded Sabre from a “hold” rating to a “strong sell” rating in a research note on Monday, October 26th. Weiss Ratings cut shares of Sabre from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Finally, Citigroup reiterated a “buy” rating on shares of Sabre in a research note on Thursday, August 27th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Sabre currently has a consensus rating of “Reduce” and a consensus price target of $1.75.
Check Out Our Latest Analysis on SABR
Sabre Company Profile
Sabre Corporation is a travel technology company that provides software, data, and marketplace services to airlines, hotels, travel agencies, corporations, and other participants in the global travel industry. Its platforms help customers search, shop, price, book, and manage travel content across air, lodging, and other travel products.
The company’s offerings include global distribution and travel marketplace capabilities, application programming interfaces, and tools such as the Sabre Red suite for travel agencies and travel sellers.
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