Sabre Corpo

Several companies made notable moves this week on earnings and outlook news. EnerSys rose 5.7% on Thursday after reporting first-quarter fiscal 2027 results with strong earnings growth and guidance above Wall Street expectations. Sabre gained 6.3% on Thursday after posting strong second-quarter 2026 results, raising its full-year profitability outlook, and revealing new client wins. Corning fell 2.7% on Monday after reports that key customer Apple scrapped its planned all-glass 20th-anniversary iPhone model, raising concerns about future demand for specialty glass. HighPeak Energy rose 5.4% on Tuesday after reporting second-quarter 2026 results that surpassed Wall Street expectations, driven by surging crude oil prices and disciplined capital expenditures.

Marriott Vacations reported first-quarter revenues of $1.26 billion, up 4.8% year on year and exceeding analysts' expectations by 4.6%, though adjusted operating income and EPS significantly missed estimates. The company expects second-quarter contract sales to increase 4% to 8% and adjusted EBITDA between $187 million and $202 million. Among the 19 consumer discretionary travel and vacation providers tracked, the group overall beat revenue consensus by 1.6% but provided next-quarter revenue guidance 8.1% below expectations. Sabre posted the strongest quarter with revenues of $760.3 million, up 8.3% year on year and beating estimates by 4.4%, while Delta Air Lines reported revenues of $15.85 billion, up 12.9% year on year but missed EPS estimates and guidance. Marriott Vacations shares have risen 42.2% since the report.

Delta Air Lines reported first-quarter revenue of $15.85 billion, up 12.9% year on year and exceeding analyst expectations by 4%, though earnings per share missed estimates and next-quarter EPS guidance also fell short. The results were part of a mixed quarter for the 19 consumer discretionary travel and vacation provider stocks tracked, which collectively beat revenue consensus by 1.6% but issued next-quarter revenue guidance 9.3% below expectations. Delta's stock has risen 26.8% since the report to $83.19. Among peers, Sabre posted the strongest quarter with revenue of $760.3 million beating estimates by 4.4%, while Lindblad Expeditions delivered the biggest analyst estimate beat but the weakest full-year guidance update.