Group 1 - Global Business Travel Group, Inc. (GBTG) reported quarterly earnings of 0.10 per share, compared to break-even earnings per share a year ago, representing an earnings surprise of 60% [1] - The company posted revenues of 610 million [2] - GBTG shares have declined approximately 25.8% since the beginning of the year, while the S&P 500 has decreased by 3.9% [3] Group 2 - The earnings outlook for GBTG is mixed, with the current consensus EPS estimate for the coming quarter at 654.02 million, and 2.52 billion for the current fiscal year [7] - The Zacks Industry Rank indicates that the Internet - Software sector is currently in the top 35% of over 250 Zacks industries, suggesting a favorable environment for stocks in this category [8]
Global Business Travel Group, Inc. (GBTG) Surpasses Q1 Earnings Estimates