Surf Air Mobility Inc. reports results for the quarter ended June 30 - Earnings Summary
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 29 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.34. The mean expectation of five analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -23 cents to -15 cents per share.
Revenue rose 7.6% to $29.51 million from a year ago; analysts expected $28.23 million.
Surf Air Mobility Inc.'s reported EPS for the quarter was a loss of 29 cents.
The company reported a quarterly loss of $28.13 million.
Surf Air Mobility Inc. shares had fallen by 25.6% this quarter and lost 55.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 35.1% 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 3 "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 $3.88, about 78% above its last closing price of $0.85
This summary was machine generated from LSEG data August 10 at 10:00 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 |
Jun. 30 2026 | -0.17 | -0.29 | Missed |
Mar. 31 2026 | -0.37 | -0.28 | Beat |
Dec. 31 2025 | -0.39 | -0.61 | Missed |
Sep. 30 2025 | -0.60 | -0.64 | Missed |
Recent news on Surf Air Mobility
See all newsBrief: Surf Air Mobility Signs OperatorOS Contract With Flying Zebra
US STOCKS ON THE MOVE-Fair Isaac, TransUnion, Equifax
Brief: Surf Air Mobility Adds New Operatoros Customer And Former Head Of Asia At Palantir As New President Of Surfos
Brief: Surf Air Mobility Signs Operatoros Contract With Skydance Air
Brief: Surf Air Mobility Appoints Barrett Brown As President Of Surfos