Picture of Surf Air Mobility logo

SRFM — Surf Air Mobility News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsSpeculativeSmall CapSucker Stock

Surf Air Mobility Inc reports results for the quarter ended June 30 - Earnings Summary

Surf Air Mobility Inc SRFM.N reported a quarterly adjusted loss of $1.34​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-2.31.  The mean expectation of two analysts for the quarter was for a loss of $1.09 per share.

Revenue fell 15.2% to $27.43 million from a year ago; analysts expected $25.25 million.

Surf Air Mobility Inc's reported EPS for the quarter was a loss of $1.34​.

The company reported a quarterly loss of $28 million.

Surf Air Mobility Inc shares had risen by 11.7% this quarter and lost 23.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 12.4% 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 "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the airlines peer group is also "buy"

Wall Street's median 12-month price target for Surf Air Mobility Inc is $7.50, about 45.1% above its last closing price of $4.12

This summary was machine generated from LSEG data August 12 at 09:01 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-1.09-1.34Missed
Mar. 31 2025-1.07-1.09Missed
Dec. 31 2024-1.190.60Beat
Sep. 30 2024-1.05-0.94Beat

Recent news on Surf Air Mobility

See all news