Blade Air Mobility Inc reports results for the quarter ended in June - Earnings Summary

Strata Critical Medical

09/08/2022 16:29

* Blade Air Mobility Inc  BLDE.OQ  reported quarterly
adjusted
earnings of 11 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was for a
loss of 17 cents per share.
    * Revenue was $35.63 million​; analysts expected $37.98
million. 
    * Blade Air Mobility Inc's reported EPS for the quarter was
11
cents​.
    * The mean earnings estimate of analysts had risen by
about 8% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Blade Air Mobility Inc shares had risen by 39.5% this
quarter and lost 29.6% so far this year.
    * The company reported quarterly net income of $8.41
million.
    * Wall Street's median 12-month price target for Blade Air
Mobility Inc is $10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 03:29 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.17          0.11           Beat
 Mar. 31 2022      -0.19          -0.19          Met
 Dec. 31 2021      -0.16          -0.13          Beat
 Sep. 30 2021      -0.13          -0.13          Met