Global Business Travel Group ($GBTG) Reports Q3 2024 Earnings On Tuesday

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Global Business Travel Group (NYSE: GBTG) has announced that it will be unveiling its third quarter financial results on Tuesday 5th November 2024. The disclosure is planned to occur before market open.

It is anticipated by financial experts on Wall Street that the firm is set to announce an estimated $0.03 loss per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $613.53 million for this period.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share loss of $0.02. This notable figure was achieved due to the company's impressive total revenue of $571 million recorded during that specific period.

Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $2.44 billion. Additionally, they are expecting the company to achieve per share loss of $0.09 for the fiscal year.

 

GBTG will host a conference call with investment community on 5th November 2024 at 09:00 AM eastern time to discuss the financial results.

The previous trading day saw Global Business Travel Group (GBTG) shares trading between $7.69 and $7.83, besides a volume of 834.90 thousand shares. The stock closed Friday's regular trading session at $7.83, demonstrating 2.62 percent advance.