-=Sabre (SABR) reported earnings on Tue 1 May 2018 (b/o)

Sabre beats by $0.03, beats on revs; raises FY18 guidance 

• Reports Q1 (Mar) earnings of $0.44 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of $0.41; revenues rose 8.0% year/year to $988.37 mln vs the $942.68 mln Capital IQ Consensus.
• Co raises guidancefor FY18, sees EPS of $1.39-1.53 (Prior $1.34-1.48), excluding non-recurring items, vs. $1.42 Capital IQ Consensus Estimate; sees FY18 revs of $3.76-3.84 bln (Prior $3.685-3.765 bln) vs. $3.74 bln Capital IQ Consensus Estimate...The company boosted the guidance citing a strong first quarter and continued momentum.