Wheels Up Experience Inc expected to post a loss of 31 cents a share - Earnings Preview

Wheels Up Experience

05/05/2023 19:31

* Wheels Up Experience Inc  UP.N   UP  is expected to show a
rise
in quarterly revenue when it reports  results on May 9. 
    * The New York City-based  company is expected to report  a
5.7% increase in revenue to $344.252 million from $325.64
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
March 9 2023, for the period ended March 31, was for revenue
between $338.66 million and $345.17 million.
    * ​Refinitiv's mean analyst estimate for Wheels Up
Experience Inc
is for a loss of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $2.7​, above​ its last closing price of $0.45.
​​​

The company's guidance on March 9 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 338.66 million and -45 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  
 Dec. 31 2022  -0.28       -0.31      -0.79     Missed  -150.9
 Sep. 30 2022  -0.29       -0.31      -0.26     Beat    17.3
 Jun. 30 2022  -0.26       -0.29      -0.25     Beat    15.3​
 Mar. 31 2022  -0.33       -0.35      -0.25     Beat    28.2
 ​​Dec.        -0.23       -0.25      -0.22     Beat    11.8
 31 2021                                                
 Sep. 30 2021  -0.10       -0.11      -0.12     Missed  -6.8​
 Jun. 30 2021              -0.12                        
 This summary was machine generated May 5 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated