Global Business Travel Group (NYSE:GBTG - Get Free Report) will be issuing its quarterly earnings data before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Global Business Travel Group has set its FY 2024 guidance at EPS.Parties interested in participating in the company's conference call can do so using this link.
Global Business Travel Group (NYSE:GBTG - Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.11. The company had revenue of $625.00 million during the quarter, compared to analysts' expectations of $643.97 million. Global Business Travel Group had a negative net margin of 1.66% and a negative return on equity of 1.26%. On average, analysts expect Global Business Travel Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Global Business Travel Group Price Performance
GBTG stock traded up $0.19 during mid-day trading on Tuesday, hitting $7.87. The company had a trading volume of 1,481,306 shares, compared to its average volume of 612,337. The company has a market capitalization of $3.72 billion, a price-to-earnings ratio of -19.69 and a beta of 0.64. The company has a 50-day moving average price of $7.39 and a 200 day moving average price of $6.72. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.11. Global Business Travel Group has a 12-month low of $4.49 and a 12-month high of $7.95.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the company. Evercore ISI raised their price target on Global Business Travel Group from $9.00 to $10.00 and gave the company an "outperform" rating in a report on Wednesday, August 7th. Citigroup raised their target price on shares of Global Business Travel Group from $9.00 to $9.50 and gave the company a "buy" rating in a report on Friday, October 4th.
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Global Business Travel Group Company Profile
(
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Global Business Travel Group, Inc provides business-to-business (B2B) travel platform in the United States and internationally. The company's platform offers a suite of technology-enabled solutions to business travelers and clients; travel content suppliers, such as airlines, hotels, ground transportation, and aggregators; and third-party travel agencies.
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