Data from Interactive Brokers:
Quarter: Q1 '24
Consensus EPS: -0.10
Date: 02-MAY-2024
When Announced: Before Open
Implied Move: +/-20.1%
Do you think the earnings will be better or worse than the consensus?
4 replies (most recent on top)
Q1-2024: Net Loss registered at $71 million, far exceeding the estimated loss of $17.26 million.
The EPS were below the expectations:
"Earnings Per Share (EPS): Recorded a diluted net loss per share of $0.19, an improvement from $0.32 year-over-year, yet below the estimated EPS of -$0.10."
https://finance.yahoo.com/news/sabre-corp-sabr-exceeds-q1-131527303.html
A comment to today's Powell's speak:
"JPMorgan’s David Kelly more confident rate cuts will begin this year
The Federal Reserve gave a slightly dovish message when it decided to cut the Treasury run off from its balance sheet to $25 billion from $60 billion, said David Kelly, chief global strategist with JPMorgan Asset Management.
It could have just gone to $30 billion, he said on CNBC’s “Power Lunch.”
“The fact that they went that extra $5 billion, it probably doesn’t sound like a lot, but it does say that they are trying to send a message here that they are not going to be too hawkish,” he said. “It gives some more confidence they won’t hike again but they will eventually cut rates this year.”"
Stock price today:
- 04 +0.17 (+5.92%)