Blade Air Mobility Inc expected to post a loss of 6 cents a share - Earnings Preview

Strata Critical Medical

06/08/2024 03:22

* Blade Air Mobility Inc  BLDE.OQ   BLDE.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The New York City-based  company is expected to report a
3.5% increase in revenue to $63.116 million from $60.99 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 6 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 was unchanged 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 $2.69.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.13       -0.12      -0.06     Beat    50
 Dec. 31 2024  -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.        -0.23       -0.21      -0.14     Beat    33.3
 31 2023                                                
 Dec. 31 2022              -0.17      -0.21     Missed  -29​
 Sep. 30 2022  -0.14       -0.15      -0.12     Beat    18.1
 Jun. 30 2022  -0.19       -0.20      0.10      Beat    149
 This summary was machine generated August 6 at 02:22 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)