Blade Air Mobility Inc expected to post a loss of 12 cents a share - Earnings Preview

Strata Critical Medical

03/05/2024 16:43

* Blade Air Mobility Inc  BLDE.OQ   BLDE.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 7 for
the period ending March 31 2024
    * The New York City-based  company is expected to report a
9.3% increase in revenue to $49.462 million from $45.27 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Blade Air Mobility Inc
is for
a loss of 12 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 4.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Blade Air
Mobility Inc is $6.00​, above​ its last closing price of $3.43.
​​​

The company's guidance on March 12 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD-8.4964 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.14       -0.13      -0.45     Missed  -252.9
 Sep. 30 2023  -0.10       -0.10      0.00      Beat    100
 Jun. 30 2023  -0.15       -0.14      -0.17     Missed  -19.3​
 Mar. 31 2023  -0.23       -0.21      -0.14     Beat    33.3
 ​​Jan.                    -0.17      -0.21     Missed  -29
 1 0001                                                 
 Sep. 30 2022  -0.14       -0.15      -0.12     Beat    18.1​
 Jan. 1 0001   -0.19       -0.20      0.10      Beat    149
 Mar. 31 2022  -0.19       -0.20      -0.19     Beat    3.3
 This summary was machine generated May 3 at 15:43 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)