Unusual Options Activity

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• FTCH Apr 4.5 calls (volume: 8030, open int: 750, implied vol: ~128%, prev day implied vol: 90%). 2650 contracts traded in a single transaction. Co is expected to report earnings late May.
• DBRG Jan24 15 calls (volume: 22.8K, open int: 0, implied vol: ~63%, prev day implied vol: 56%). 4580 contracts traded in a single transaction. Co is scheduled to present at a Datacloud Global Congress on April 25. Co is confirmed to report earnings May 3 before the open.
• SABR Oct 5 calls (volume: 7000, open int: 0, implied vol: ~65%, prev day implied vol: 60%). Co is expected to report earnings early May.
  

Bearish Put Activity:

• LCID Apr 7.5 puts are seeing interest with the underlying stock down 6% (volume: 8120, open int: 400, implied vol: ~154%, prev day implied vol: 91%). Co says it produced 2,314 vehicles during Q1 at its manufacturing facility in Arizona and delivered 1,406 vehicles during the same period. Co is confirmed to report earnings May 8 after the close.
• CHWY Apr 34 puts (volume: 2260, open int: 220, implied vol: ~71%, prev day implied vol: 58%). Co is expected to report earnings early May,
  

Sentiment: The CBOE Put/Call ratio is currently: 0.92, VIX: (17.88, +0.08, +0.5%).
April 21 is options expiration -- the last day to trade April equity options.

Sabre (SABR) reported earnings on Wed 15 Feb 23 (b/o)

 ** charts after earnings **

 

Sabre misses by $0.05, misses on revs; guides Q1 revs below estimate; guides FY23 revs below consensus

• Reports Q4 (Dec) loss of $0.36 per share, excluding non-recurring items, $0.05 worse than the S&P Capital IQ Consensus of ($0.31); revenues rose 26.1% year/year to $631.2 mln vs the $665.59 mln S&P Capital IQ Consensus.
• Co issues downside guidance for Q1, sees Q1 revs of $725 mln vs. $774.87 mln single analyst estimate.
• Co issues downside guidance for FY23, sees FY23 revs of $2.8-3.0 bln vs. $3.16 bln S&P Capital IQ Consensus.

Earnings this week : Feb 13 - 17, 23 (wk 7)

Monday (Feb 13)

• Morning:  CHKP MNDY TDC THS
• Afternoon: AMKR ANGI ACGL ANET CAR NTB BLKB BRX CDNS DENN ES FE IAC INST IRBT LSCC MEDP MKSI MRC OTTR PLTR SEDG VNO

Tuesday (Feb 14)

• Morning: CAE CLF KO ECL DAVA ENTG EXC FELE GEO GFS HRI HWM INMD IPGP LCII LDOS MAR MIR BTU PKI QSR SAFE TRP TRU TRTN WCC ZTS
• Afternoon:  ADPT ABNB AKAM ANDE BL CRK CNDT DVN WIRE GDDY GXO HLF LTHM MGY NMIH OSUR SCI SU TX TRIP UDMY UPST

Wednesday (Feb 15)

• Morning:  ADI AVNT GOLD BIIB CLBT CEVA CHEF CIM CHH FIS GNRC HCSG HL IDCC KRNT KHC DNUT LAD MLM NVMI OC PSN RBLX R SABR SITE SAH SUN TMHC TTD TPG WAB WKME WAT
• Afternoon:  TXG ALB ALSN AMED AEE AIG AWK AMPL AM AR ATCO AVTA SAM CF CSCO CYH CPA ET EQT EQIX FARO FSLY FCPT HST INVH KGC MFC MRO MSA NEX NUS NTR PLMR PGRE PEGA QS QDEL RSG REZI ROIC RNG ROKU ROL RPT SGEN SHOP STAG SUM SPWR SNPS TNET TROX TRUP TWLO TYL UPWK VECO HCC WCN WELL WH ZD ZG

Thursday (Feb 16)

• Morning: ALKS ALE ARCH ATHM BLMN BPMC CAMT CBZ FUN CVE CEG CROX DDOG DOCN DTM DNB ETR EPAM FOCS HAS HSIC H IDA ITGR IRDM IRWD KBR KELYA LH LXP MTRN NMRK DNOW OGN PARA PBF POOL POR RCM RS SAGE STNG SHAK SO SCL SYNH TOST TSEM USFD VC VNT VMC WSO WST WE ZBRA
• Afternoon:  AEM AL AEL COLD AMN APPN AMAT ATR BIO BJRI BFAM CWST CHUY CGNX COHU ED DLR DASH DKNG DBX ELME EIG FBIN GLOB LOPE HTGC HUBS INDI KNSL LTC MERC MNTV NVRO NWE OIS OEC PACB PCOR RMAX RDFN SWAV TSLX STEM TXRH RARE

Friday (Feb 17)  

• Morning:  AMCX ABR AN B CNP CBRG DE MD PPL

This week's biggest % winners & losers : Feb 14 - 18, 22 (wk 7)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: KPTI (14.38 +40.7%), RYTM (8.05 +31.32%), COLL (21.75 +23.65%), BKD (6.4 +16.79%)
• Materials: CENX (21.33 +14.43%)
• Industrials: MRC (9.64 +24.07%), BLBD (20.62 +21.22%), KAR (13.97 +17.49%), SFL (9.83 +12.99%)
• Consumer Discretionary: ANGH (16.34 +35.6%), VC (120.37 +27.74%), ABG (186.33 +15.33%)
• Information Technology: TSEM (46.94 +38.88%), SABR (11.52 +24.81%), CMBM (28 +17.65%), AMKR (23.46 +12.25%)
• Consumer Staples: THS (40.47 +14.71%)

This week's top % losers

• Healthcare: MASI (154.34 -33.21%), SENS (1.73 -28.51%), TRHC (6.63 -23.44%), SAGE (34.19 -20.56%), BPMC (66.69 -18.6%), OMCL (125.94 -18.43%), MEDP (143.01 -18.23%)
• Consumer Discretionary: ROKU  (112.46 -31.4%), DKNG (17.29 -25.89%), LZB (28.81 -19.14%), CROX (79.26 -19.29%), LOVE (39.98 -14.94%)
• Information Technology: AMPL (20.66 -52.52%), RBLX (49.72 -25.58%), SHOP (656.88 -23.08%), ERIC (10.06 -18.74%), RBBN (3.49 -18.57%), PEGA (82.38 -15.57%)
• Financials: RDFN (22.86 -23.39%), TRUP (77.67 -14.21%)

Sabre (SABR) reported earnings on Tue 15 Feb 22 (b/o)

  ** charts after earnings **

 

Earnings this week : Feb 14 - 18, 22 (wk 7)

Monday (Feb 14)

• Morning:  KELYA STNG THS
• Afternoon: AAP AMKR ANET CAR NTB CLR MEDP OMCL OTTR PRI SCI SRC TNET VNO ZD

Tuesday (Feb 15)

• Morning: ALLE ARCH ABG BKI BWA CEVA ECL FIS FELE HSIC HUN IPGP IQV KRNT LDOS LGIH MAR QSR SABR TRP TRTN WCC ZTS
• Afternoon:  ACCO ADPT ABNB AKAM AYX ANGI AMK ATRC CF CINF CRK DENN DVN WIRE ESMT GXO IOSP IAC INVH LZB LSCC MASI MRC NMIH PACB QTWO REZI RBLX SEDG TX TOST UPST VIAC WELL WH WYNN ZI

Wednesday (Feb 16)

• Morning:  ALKS ALE AIMC AMCX ADI GOLD BCOR BPMC FUN CRL CHH CROX DRVN DNB DAVA GRMN GNRC HLT IS KHC NUS OC R SHOP SITE SAH SUN TTD VMC WAB WING WIX
• Afternoon:  TXG ALB ALSN ATUS AIG AWK AMPL AM AR AMAT APP ATCO SAM BFAM BCOV CAKE CSCO CDE CYH COMP CNDT CPRT CONE DASH EIG ET EQIX EVER ES FARO FSLY FSR FCPT GLBE LOPE HST HPP H INFN KGC KNBE MGY MRO MTTR NTR NVDA OIS OCDX PLMR PEGA PXD QS ROIC RGLD RPT STAG SNPS TRIP TROX TRUP TYL UFPI VMI VECO WCN

Thursday (Feb 17)

• Morning: AAWW AN BAX BRC CBZ CIM COMM EPAM FVRR FOCS GEL THRM GPC GEO GPK HIMX IDA INSM ITGR IDCC IRDM IRWD LKQ MTRN MD NICE DNOW OGN PLTR PGTI POOL POR RCM RS RGEN SAFM SEE SWI SO SYNH TSEM TPH TRN USFD VC VNT WMT WST YETI
• Afternoon:  AL LNT AEE AEL AMN APPN ATR BJRI CMBM CWST CHUY CGNX ED DRH DLR DOMA DBX EXEL GLOB GMED KEYS KNSL LGND LTHM LTC MATX MERC LASR OEC PK QDEL RLGY RDFN RBA ROKU SHAK SWAV TSLX RUN SKT USM VTR WRE AUY

Friday (Feb 18)  

• Morning:  ABR B BLMN DE PPL RRD

Earnings spotlight: Monday, February 14 TreeHouse Foods (NYSE:THS), Advance Auto Parts (NYSE:AAP), Avis Budget (NASDAQ:CAR) and Arista Networks (NYSE:ANET).

Earnings spotlight: Tuesday, February 15 Marriott International (NASDAQ:MAR), ViacomCBS (VIAC ), Airbnb (NASDAQ:ABNB), Akamai Technologies Inc. (NASDAQ:AKAM), Wynn Resorts (NASDAQ:WYNN) and Roblox (NYSE:RBLX).

Earnings spotlight: Wednesday, February 16 Kraft Heinz (NASDAQ:KHC), Analog Devices (NASDAQ:ADI), Shopify (NYSE:SHOP ), Energy Transfer (NYSE:ET), Cisco (NASDAQ:CSCO), Nvidia (NVDA), Applied Materials (NASDAQ:AMAT), Matterport (NASDAQ:MTTR) and DoorDash (NYSE:DASH).

Earnings spotlight: Thursday, February 17 Walmart (WMT), AutoNation (NYSE:AN), Roku (NASDAQ:ROKU), Shake Shack (NYSE:SHAK),

Earnings spotlight: Friday, February 18 Deere (NYSE:DE).

Earnings this week : Nov. 1 - 5, 21 (wk 44)

Monday (Nov 1)

• Morning:  AMG AKTS CNA BEN JELD OIS ON PCG TKR
• Afternoon: ADUS ADTN ANET CAR BCC BRX BRKR BWXT CHGG CRUS CLX CACC FANG PLOW EVER FN HLIT HOLX NSP KMT KFRC LEG MCK MOS NBIX NTR NXPI OGS OTTR PSA RMBS O RRX RHP SBAC SPG SNCY SKT RIG UNVR VRNS VNOM VNO WMB ZI

Tuesday (Nov 2)

• Morning: AME APO ARCB ARNC AVNS TECH BLMN BP CTLT CIGI COP CRSR CMI DD DEA ETN EPD ETRN ESPR EL EXLS EXTR RACE IT GNRC GPN HEES HLNE HSC HSIC IAA IEP IDXX INCY INGR IART IPGP KKR LCII LEA LDOS LGIH LPX MMP MPC MLM MTRN MIME MPLX MYGN NNN NRZ NXST OMCL PFE PINC PEG RCM RL ROK SABR SAGE SEE SRCL TNC TMX TRI BLD UAA WAT WEC WLK XHR XYL ZBRA
• Afternoon:  EGHT ATVI AKAM AYX AMCR DOX AMED AFG AWK AMGN AIZ BTG BKH BFAM CZR CDLX CDK COUR DCP DCPH DENN DVN DHT APPS DEI EIX ES EXAS EXEL FNF FMC FRG FRSH HALO PEAK HURN ICFI ICHR IOSP INSP JRVR KAI KAR LSCC LSI LPSN RAMP LYFT MGNX MANT MTCH MRCY MDLZ NSA NMIH OKE OSPN PACB PAYC PKI PAA PUMP PRO PRU RDN RRR RGNX TSLX SKY SEDG SRC SPT STE SMCI TMUS TX RARE UIS UNM VECO VRSK VRTX VOYA WTI HCC WU XPO ZG

Wednesday (Nov 3)

• Morning:  AGIO AMRN AMRX ASTE ATH AAWW AVA BDC BWA EAT BR BIP CWH CPRI CDW FUN CVE CRL CIM CLH CTRA CRTO CVS DISCA EMR ETR EVRG EVOP EXC EXPI FDP GCP HFC HZNP HUM ICPT IONS JLL LAMR LANC LIVN LL MAC MAR NFE NYT NI NCLH DNOW ODP OMI PCRX PSN PBI PLTK PRG RDWR RRD SPNS SMG SBGI SITE SPR SHOO SUN SYNH TT TUP UTHR VIRT VSH WING
• Afternoon:  TXG ONEM ADPT ATGE ALB ALL AEE ANSS APA ACA ATRC ACLS BNFT BLKB BKNG WHD CDAY CF CHNG CAKE CLR CORT CTVA CCRN CW DIOD DXC ELF EA ECPG ET NVST EPR EQIX EQH ETSY FSLY FSR FLT FOXA FNV GFL GDDY HR HMN HST TWNK HUBS HBM H IAG ICLR ICUI INFN IR INSG ITT KW KL KTOS LCI LHCG LNC LUMN MGNI MTW MFC MRO MATX MAXR MDU MLNK MET MTG MGM NUS OPRT OSUR ORA OCDX ORCC PLMR PK PDCE PEN PETQ PING PXD PLYA PTC QTWO QGEN QRVO QCOM QLYS QNST RPD RYN RCII RVLV ROKU RGLD RPT SRPT SITM SKLZ SJI SWN SFM SPXC STAA RGR SUM SLF SPWR SUPN TTWO TNDM TTGT TRMB TRUE TRUP UPLD VVV VAPO VMEO WTS WK YELL ZD

Thursday (Nov 4)

• Morning: ACIW GOLF AHCO WMS AES APD ALE ABC APTV ARW BLL BALY GOLD BCE BDX BLI BCOR BBIO BLDR CARS CNP LNG CQP CHH CI CTXS CWEN CNHI CCOI CFX COMM CYBR DLX XRAY DOCN DIN DUK DNB EPAM FIS FOCS GEL GEO GIL GOGO GTN GPRE HBI HL HSKA HIMX HWM HII NSIT IBP NTLA IDCC IRM IRWD ITRI K KOP LNTH LSPD LXP LITE MTSI MBUU MRNA MUR NEO NTCT NKLA NOMD NVMI NRG NS OGE OPCH PH PENN PLNT PPL PBH PWR QRTEA REGN REYN SO STOR SSYS STRA TGP TNK TGNA SHYF USPH UNIT VIAC VSTO VG VNT VMC WD W WCC ZBH ZTS
• Afternoon:  AAON ACMR AL ATSG ABNB ALRM ALKT Y LNT MDRX ALTR ATUS AMH AIG COLD AMN ANGI AINV APPN ARNA AVLR AXNX BGS BIGC BILL BL BE BHF CABO CMBM CVNA CC CHUY CLNE NET CDXS CGNX COLL ED CNDT CVET CYRX CUBE CWK DDOG DK DRH DBX LOCO EBS ENDP EOG EXPE FATE FRT FSLR FND FTNT FOXF FNKO GKOS GBT GMED GPRO GDOT GDYN GH HTA ILMN INGN PODD IAC IOVA IRTC FROG LLNW LGF.A LYV LTHM MNDT MTZ MED MELI MTD MCHP MTX MITK MNST MSI MP NTRA NFG NKTR NPTN NWSA LASR NLOK NVAX OXY OHI ONTO OTEX OEC OUT PCTY PTON PBA PFSI PRDO PINS PCOR PGNY PBYI KWR QDEL RDFN REG RGA REZI RBA RLJ RKT ROG SEM SLQT SHAK SWKS SQ RUN SHO SWCH SYNA TRHC TDC UBER OLED USM VLDR VIAV VRAY VIR WELL WPM WSC WWE WW YMAB YELP ZGNX

Friday (Nov 5)  

• Morning:  AMCX AXL BEP CGC CNK DSEY D ELAN ERJ ENB ESNT FLR GT GRPN HMC TILE JCI KIM MGA MMI MFA MODV MOG.A NWN DOC PNW SSP SRE TRP TEN ECOL VTR
• Afternoon:  TSE

-=Sabre (SABR) reported earnings on Wed 26 Feb 20 (b/o)

Sabre reports EPS in-line, revs in-line; expects 2020 core business to perform well and in line with previous expectations; details Q1 Coronavirus impact

Reports Q4 (Dec) earnings of $0.16 per share, excluding non-recurring items, in-line with the S&P Capital IQ Consensus of $0.16; revenues rose 1.9% year/year to $941.4 mln vs the $947.68 mln S&P Capital IQ Consensus.

"Today we announced our expected commitment of $150 million of additional technology spend in 2020... This incremental technology spend will have a material impact on our financial results... In 2020, we expect our core business to perform well and in line with previous expectations. However, the 2020 financial guidance we provide below includes $150 million in incremental cash technology spend to support our strategy. It is important to note that the global health crisis related to the Coronavirus and its impact on travel will materially impact our 2020 financial results... We have provided our preliminary estimate of the first quarter 2020 impact below and continue to monitor this dynamic situation; however, we cannot reasonably estimate the full-year financial impact of the Coronavirus at this time."

Coronavirus Q1 impact: revs negative impact of $100-150 mln, adj EPS negative impact of $0.14-0.23.

2020 core business guidance (excluding technology expenditures and excluding Coronavirus: Revenue Low-single digit growth (+4.4% consensus), Adjusted EBITDA Mid 20%s margin, Adjusted EPS $1.10 - $1.30 vs $1.25 consensus.

Earnings this week : Feb 24 - 28, 20 (wk 9)

Monday (Feb 24)

• Morning: AWI CRI CTB DIN XENT STAR SPNS
• Afternoon: AWR APY APLE ARLO AXGN BWXT CDEV CSOD PLOW EPR EVER FBM GH HALO HLIO HLX HTZ HPQ INTU ITRI KAMN KEYS KTOS MEDP MMSI NSA OII OKE PANW APTS PROS RCII RTRX SAIL SHAK TNDM THC TREX XHR

Tuesday (Feb 25)

• Morning: AMT AMWD AVNS BMO BNS BCC CBRL DNR DEA NPO ETM FI FRPT FCN HD INSM ICPT IRDM LNTH TREE LGIH LL M MNK MANU PRFT PGTI PRIM RLGY RHP SRC STWD TRI BLD TA TZOO TUP USCR SLCA UNVR VCEL WBT WWW
• Afternoon: AKCA ALRM AMRN AGR BGS CZR CSGP DAR DK ENLC EVTC EXEL GWPH HEI HURN HY INFN INGN INSP PODD JAZZ LDL MTDR MATX MGRC NVRO ORA OUT PEN PLNT PBPB PSA RRGB RVLV RLJ RRD CRM SDC INN SUPN SYX CGBD REAL TOL TROX UIS VICR SPCE WRI WW

Wednesday (Feb 26)

• Morning: AMCX AEE AMRX AVA CARS CHK CM CLH DAKT DY EV ESI ENDP FOSL FTDR GCP HZNP TILE IONS SJM LIVN LOW MGPI MIDD MRNA EYE NXST NI NOVT OCN ODP PZZA DOC PEG SABR SEAS SINA SBGI SSYS TLRA TJX TPB UTHR VER WB WEN WYND
• Afternoon: DDD ACAD ADPT AEGN ALEX ANSS APA ACA ARNA EQH BMRN BEAT BKNG BOX WHD CRC CPE CVNA CHDN FIX CLR CLGX CCI CW CUTR EDIT ESTC ERI ECPG WTRG ETSY STAY FG FRGI FRTA GBT GTE GEF TWNK IIPR INST KW LB LHCG CLI VAC MAR MED NTRA NTES NTNX PTLA SRPT SILK SJI SWX SQ STAA SRI SYKE TCMD FTI TYDOC TELL TCOM TPC UHS UPLD UPWK ECOL WPG WPX

Thursday (Feb 27)

• Morning: AAON ACIW GOLF PLAN BUD ANIP BBY CWT CBRE CNP CRAI CHS CCC CWEN CCOI CROX CRON DISCA EME EQT EQM EVOP EXLS FSS FLIR FLY FRO GCI GTX GTN HRI HGV IBP NTLA JCP KDP KOP LAUR NEO NLSN NVCR PDCO PRGO PRSC PWR REZI SAGE SAFM SRE SERV SRCL SHOO TGP TNK TTI TSG TD TRSUSPH VRTV
• Afternoon: ACHC AMC AMH AGO ADSK AAXN BTG BIDU BIG BYND CABO CDNA COLL SCOR CWK DELL DRQ EIX EOG EB FTCH FTAI GKOS HCAT HHC ICFI ICUI IMMU IQ IRTC LADR LYV MAIN MTZ MBI MNST MYL NKTR NNI NPTN OXY PAGS PBA PLYA PRAA PSTG RRC RP RWT RBA SWN SPPI RUN SWCH TRHC TTD TPIC VMW WES WDAY INT

Friday (Feb 28) 

• Morning: AES CLNY FL ROCK MGLN PNM SSP SVC STRA SUP VST W

Notable earnings reports: HP Inc. (NYSE:HPQ), Dine Brands (NYSE:DIN), Palo Alto Networks (NYSE:PANW) and Shake Shack (NYSE:SHAK) on February 24; Home Depot (NYSE:HD), Macy's (NYSE:M), Lumber Liquidators (NYSE:LL), Caesars Entertainment (NASDAQ:CZR), Virgin Galactic (SPCE) and Saleforce.com (NYSE:CRM) on February 25; Lowe's (NYSE:LOW), Square (NYSE:SQ), J.M. Smucker (NYSE:SJM), Wendy's (NASDAQ:WEN), TJX Companies (NYSE:TJX), Etsy (NASDAQ:ETSY) and Box (NYSE:BOX) on February 26, VMWare (NYSE:VMW), Cronos Group (NASDAQ:CRON), Anheuser-Busch InBev (NYSE:BUD) Toronto-Dominion Bank (NYSE:TD), Autodesk (NASDAQ:ADSK), Workday (NASDAQ:WDAY) and Best Buy (NYSE:BBY) on February 27; Foot Locker (NYSE:FL) and Wayfair (NYSE:W) on February 28.

-=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.

=Sabre (SABR) reported earnings on Tue 7 Feb 2017 (b/o)

Sabre misses by $0.04, reports revs in-line; guides FY17 EPS and revenue below consensus; announces $500 mln buyback :

• Reports Q4 (Dec) earnings of $0.27 per share, excluding non-recurring items, $0.04 worse than the Capital IQ Consensus of $0.31; revenues rose 9.4% year/year to $829.6 mln vs the $828.45 mln Capital IQ Consensus.
• Co issues downside guidance for FY17, sees EPS of $1.31-1.45, excluding non-recurring items, vs. $1.60 Capital IQ Consensus Estimate; sees FY17 revs of +5-7% to ~$3.54-3.62 bln vs. $3.62 bln Capital IQ Consensus Estimate. 
• "In 2017, we expect continued growth in our businesses. Total revenue is forecasted to increase from 5% to 7%, with balanced growth across our business units, reflecting continued strong growth in Travel Network and Hospitality Solutions, and more modest growth in Airline Solutions," said Rick Simonson, Sabre executive vice president and chief financial officer. "We will make investments in our IT infrastructure this year to modernize, drive efficiency in development and ongoing technology costs, further enhance the stability and security of our network and accelerate our shift to open source and cloud-based solutions. The costs associated with these investments will be felt in both our corporate-level product and technology operating expenses, as well as our capital expenditures. While we expect growth in cash provided by operating activities, these investments will dampen 2017 adjusted profit and Free Cash Flow, as we set the stage for greater efficiency and sustainable growth in the future."
• Sabre also announced the approval of a multi-year share repurchase program to purchase up to $500 million of Sabre's common stock.

=Sabre (SABR) reported earnings on Tue 2 Aug 2016 (b/o)

Sabre beats by $0.02, reports revs in-line; guides FY16 EPS in-line, revs in-line :

• Reports Q2 (Jun) earnings of $0.37 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of $0.35; revenues rose 19.5% year/year to $845.2 mln vs the $849.06 mln Capital IQ Consensus.
• Co issues in-line guidance for FY16, sees EPS of $1.40-1.47, excluding non-recurring items, vs. $1.46 Capital IQ Consensus Estimate; sees FY16 revs at the lower end of $3.390-3.430 bln vs. $3.42 bln Capital IQ Consensus Estimate.
  • Free Cash Flow is expected to approach $375 mln.