BULLETIN: Sabre Holdings Provides Financial Guidance - S&P Global Ratings’ Credit Research

BULLETIN: Sabre Holdings Provides Financial Guidance

BULLETIN: Sabre Holdings Provides Financial Guidance - S&P Global Ratings’ Credit Research
BULLETIN: Sabre Holdings Provides Financial Guidance
Published Dec 13, 2002
Published Dec 13, 2002
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Abstract:

Sabre Holdings Corp. (BBB+/Negative/--) today provided earnings guidance for the fourth quarter of 2002 and full-year 2003. Standard & Poor's Ratings Services said its rating and outlook on the company are not affected by the reduced forecast. Sabre reduced its fourth-quarter 2002 earnings forecast to 12 cents-15 cents per share, excluding special items, from the previous 20 cents-25 cents per share projection, and full-year 2002 earnings to $1.77-$1.80 per share, excluding special items, from the previous $1.85-$1.95, due to continuing slower-than-expected travel demand. Sabre expects 2002 revenues to decline by approximately 4%, but to increase by 4%-9% in 2003. It also indicated it expects earnings per share to increase by 0%-5% in 2003. Growth in 2003 will be fueled primarily

  
Report Type:

Bulletin

Issuer
Sector
Corporations, Global Issuers, Transportation
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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Sabre Holdings Provides Financial Guidance" Dec 13, 2002. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Sabre-Holdings-Provides-Financial-Guidance-280668>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Sabre Holdings Provides Financial Guidance Dec 13, 2002. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Sabre-Holdings-Provides-Financial-Guidance-280668>
  
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