Blink Charging Co reports results for the quarter ended December 31 - Earnings Summary

Blink Charging

13/03/2025 21:44

Blink Charging Co BLNK.OQ reported a quarterly adjusted loss of 73 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -31 cents.  The mean expectation of eight analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -20 cents to -13 cents per share.

Revenue fell 29.3% to $30.18 million from a year ago; analysts expected $30.52 million.

Blink Charging Co's reported EPS for the quarter was a loss of 73 cents​.

The company reported a quarterly loss of $73.51 million.

Blink Charging Co shares had fallen by 29.7% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.6% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the electric utilities peer group is also "hold"

Wall Street's median 12-month price target for Blink Charging Co is $3.50

This summary was machine generated from LSEG data March 13 at 09:43 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
Dec. 31 2024
-0.17
-0.73
Missed
Sep. 30 2024
-0.17
-0.86
Missed
Jun. 30 2024
-0.15
-0.20
Missed
Mar. 31 2024
-0.24
-0.14
Beat