Wheels Up Experience Inc reports results for the quarter ended in December - Earnings Summary

Wheels Up Experience

09/03/2023 15:25

* Wheels Up Experience Inc  UP.N  reported a quarterly
adjusted
loss of 79 cents​​ per share for the quarter ended in December.
The mean expectation of seven analysts for the quarter was for a
loss of 31 cents per share.
    * Revenue rose 18.3% to $408.26 million from a year ago;
analysts
expected $400.68 million. 
    * Wheels Up Experience Inc's reported EPS for the quarter
was a
loss of 96 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Wheels Up Experience Inc shares had risen by 11.7% this
quarter.
    * The company reported a quarterly loss of $238.91 million.
    * Wall Street's median 12-month price target for Wheels Up
Experience Inc is $3.70 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 03:25 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.31          -0.79          Missed
 Sep. 30 2022      -0.31          -0.26          Beat
 Jun. 30 2022      -0.29          -0.25          Beat
 Mar. 31 2022      -0.35          -0.25          Beat