Blink Charging Co expected to post a loss of 17 cents a share - Earnings Preview

Blink Charging

06/11/2024 05:11

* Blink Charging Co  BLNK.OQ   BLNK.O  is expected to show a
fall
in quarterly revenue when it reports  results on November 7 for
the period ending January 1 0001
    * The Miami Beach Florida-based  company is expected to
report a
18.4% decrease in revenue to $35.41 million from $43.38 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Blink Charging Co is for
a
loss of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Blink
Charging Co
is 3.75​, above​ its last closing price of $2.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.15       -0.15      -0.20     Missed  -32.1
 Mar. 31 0001  -0.21       -0.24      -0.14     Beat    41.7
 Dec. 31 2023  -0.30       -0.31      -0.31     Met     0​
 Sep. 30 2023  -0.45       -0.47      -0.27     Beat    42.2
 ​​Jun.        -0.49       -0.49      -0.48     Beat    1.6
 30 2023                                                
 Jan. 1 0001   -0.47       -0.46      -0.53     Missed  -14.9​
 Jan. 1 0001   -0.48       -0.48      -0.55     Missed  -14.9
 Sep. 30 2022  -0.51       -0.51      -0.51     Met     -0.2
 This summary was machine generated November 6 at 05:11 GMT.  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)