Blend Labs, Inc. reports results for the quarter ended June 30 - Earnings Summary
Blend Labs, Inc. reports results for the quarter ended June 30 - Earnings Summary
Blend Labs, Inc. BLND.N reported quarterly breakeven results per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from 1 cents to 2 cents per share.
Revenue rose 7.3% to $33.84 million from a year ago; analysts expected $33.08 million.
Blend Labs, Inc.'s reported EPS for the quarter was a loss of 3 cents.
The company reported a quarterly loss of $1.81 million.
Blend Labs, Inc. shares had risen by 17.5% this quarter and lost 33.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 29.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Blend Labs, Inc. is $4.00, about 51.2% above its last closing price of $1.95
This summary was machine generated from LSEG data August 6 at 09:55 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.02 | 0.00 | Missed |
Mar. 31 2026 | 0.01 | 0.00 | Missed |
Dec. 31 2025 | 0.01 | 0.00 | Missed |
Sep. 30 2025 | 0.01 | 0.00 | Missed |