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

Strata Critical Medical

11/05/2023 14:31

* Blade Air Mobility Inc  BLDE.OQ  reported a quarterly
adjusted
loss of 14 cents​​ per share for the quarter ended in March. The
mean expectation of five analysts for the quarter was for a loss
of 21 cents per share.
    * Revenue rose 70% to $45.27 million from a year ago;
analysts
expected $40.51 million. 
    * Blade Air Mobility Inc's reported EPS for the quarter was
a loss
of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 55.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Blade Air Mobility Inc shares had fallen by 14.8% this
quarter and lost 19.6% so far this year.
    * The company reported a quarterly loss of $10.19 million.
    * Wall Street's median 12-month price target for Blade Air
Mobility Inc is $7.25 
    * 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 LSEG Refinitiv data May
11 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.20          0.10           Beat