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

Strata Critical Medical

09/08/2023 14:31

* Blade Air Mobility Inc  BLDE.OQ  reported a quarterly
adjusted
loss of 17 cents​​ per share for the quarter ended in June. The
mean expectation of six analysts for the quarter was for a loss
of 14 cents per share.
    * Revenue rose 71.2% to $60.99 million from a year ago;
analysts
expected $53.85 million. 
    * Blade Air Mobility Inc's reported EPS for the quarter was
a loss
of 17 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Blade Air Mobility Inc shares had risen by 1.5% this
quarter and
gained 11.7% so far this year.
    * The company reported a quarterly loss of $12.23 million.
    * Wall Street's median 12-month price target for Blade Air
Mobility Inc is $8.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.14          -0.17          Missed
 Mar. 31 2023      -0.21          -0.14          Beat
 Dec. 31 2022      -0.17          -0.21          Missed
 Sep. 30 2022      -0.15          -0.12          Beat