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SRFM — Surf Air Mobility News Story

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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

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