Wheels Up Experience Inc expected to post a loss of $3.19 a share - Earnings Preview

Wheels Up Experience

07/08/2023 19:35

* Wheels Up Experience Inc  UP.N   UP  is expected to show a
fall
in quarterly revenue when it reports  results on August 9. 
    * The New York City-based  company is expected to report  a
17.1% decrease in revenue to $352.809 million from $425.51
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on May
9 2023, for the period ended June 30, was for revenue between
$350.00 million and $360.00 million.
    * ​Refinitiv's mean analyst estimate for Wheels Up
Experience Inc
is for a loss of $3.19 per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Wheels Up
Experience Inc is $25​, above​ its last closing price of $2.21.
​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 350 million and -39 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -3.05       -3.14      -2.70     Beat    13.9
 Dec. 31 2023  -2.82       -3.15      -7.90     Missed  -150.9
 Sep. 30 2022  -2.85       -3.14      -2.60     Beat    17.3​
 Jun. 30 2022  -2.64       -2.95      -2.50     Beat    15.3
 ​​Mar.        -3.32       -3.48      -2.50     Beat    28.2
 31 2022                                                
 Dec. 31 2021  -2.30       -2.49      -2.20     Beat    11.8​
 Sep. 30 2021  -0.97       -1.12      -1.20     Missed  -6.8
 Jun. 30 2021              -1.15                        
 This summary was machine generated August 7 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated