Blend Labs Inc reports results for the quarter ended March 31 - Earnings Summary
09/05/2025 21:08
Blend Labs Inc BLND.N reported quarterly adjusted earnings of 1 cent per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of five analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents tozero cents per share. Revenue fell 23.4% to $26.77 million from a year ago; analysts expected $37.86 million. Blend Labs Inc's reported EPS for the quarter was a loss of 5 cents. The company reported a quarterly loss of $14.69 million. Blend Labs Inc shares had fallen by 1.8% this quarter and lost 21.9% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 233.3% 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," 2 "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 $5.13 This summary was machine generated from LSEG data May 9 at 08:08 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 |
| Mar. 31 2025 | -0.01 | 0.01 | Beat |
| Dec. 31 2024 | 0.01 | 0.00 | Missed |
| Sep. 30 2024 | -0.02 | 0.00 | Beat |
| Jun. 30 2024 | -0.04 | -0.02 | Beat |