Blade Air Mobility Inc reports results for the quarter ended September 30 - Earnings Summary

Strata Critical Medical

12/11/2024 15:32

* Blade Air Mobility Inc  BLDE.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
breakeven earnings per share.  The mean expectation of
four analysts for the quarter was for a loss of 5 cents per
share. Wall Street expected results to range from -12 cents
to -2 cents per share.
    * Revenue rose 4.8% to $74.88 million from a year ago;
analysts
expected $74.45 million. 
    * Blade Air Mobility Inc's reported EPS for the quarter was
a loss
of 3 cents​.
    * The company reported a quarterly loss of $1.95 million.
    * Blade Air Mobility Inc shares had risen by 30.3% this
quarter and gained 8.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is  "buy."

Wall Street's median 12-month price target for Blade Air
Mobility Inc is $6.00 
This summary was machine generated from LSEG data November 12 at
03:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.05          -0.03          Beat
 Jun. 30 2024      -0.06          -0.15          Missed
 Mar. 31 2024      -0.12          -0.06          Beat
 Dec. 31 2023      -0.13          -0.45          Missed