What to Expect from Global Business Travel's Earnings

Global Business Travel (NYSE:GBTG) will release its quarterly earnings report on Tuesday, 2024-11-05. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Global Business Travel to report an earnings per share (EPS) of $-0.03.

The announcement from Global Business Travel is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings Track Record

Last quarter the company beat EPS by $0.09, which was followed by a 5.54% drop in the share price the next day.

Here's a look at Global Business Travel's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.03

0.04

-0.03

0

EPS Actual

0.06

-0.04

-0.10

-0.02

Price Change %

-6.0%

-1.0%

-2.0%

-2.0%

Stock Performance

Shares of Global Business Travel were trading at $7.83 as of November 01. Over the last 52-week period, shares are up 39.46%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Global Business Travel

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Global Business Travel.

Analysts have given Global Business Travel a total of 3 ratings, with the consensus rating being Buy. The average one-year price target is $9.5, indicating a potential 21.33% upside.

Comparing Ratings with Peers

The analysis ...