Earnings haha. They should rename it Losses for Sabre. If below expectation expect more layoffs.
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Sabre like a dead fish. To soft and smells. Current managers, Directors, annd Vas are afraid to question and push back on leadership when justified. Sorta like the caste system?
Earnings expectations for 4Q23 are for a loss of $0.12 per share. For 3Q23 expectations of a loss of $0.06 per share were met.
Hopefully Sabre starts making a profit soon but unlikely for another 6 months. It would be amazing if earnings could eventually get back to $1.22 per share like in 2018. Dividends were $0.56 per share that year. That is probably years many away though, if ever at all.
Sad. Just a matter of time before next round.
Are ya’ll seeing it now. Corporate America and the Dems are not looking out for the little guys.
Execs are padding themselves on the back and planning how much in bonuses they will receive.