Blade Air Mobility Inc expected to post a loss of 12 cents a share - Earnings Preview

Reuters05-03

* Blade Air Mobility Inc is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2024

* The New York City-based company is expected to report a 9.3% increase in revenue to $49.462 million from $45.27 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Blade Air Mobility Inc is for a loss of 12 cents per share.

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts had fallen by about 4.1% in the last three months. ​

* Wall Street's median 12-month price target for Blade Air Mobility Inc is $6.00​, above​ its last closing price of $3.43. ​​​

The company's guidance on March 12 2024 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD-8.4964 million. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 -0.14 -0.13 -0.45 Missed -252.9

Sep. 30 2023 -0.10 -0.10 0.00 Beat 100

Jun. 30 2023 -0.15 -0.14 -0.17 Missed -19.3​

Mar. 31 2023 -0.23 -0.21 -0.14 Beat 33.3

​​Jan. -0.17 -0.21 Missed -29

1 0001

Sep. 30 2022 -0.14 -0.15 -0.12 Beat 18.1​

Jan. 1 0001 -0.19 -0.20 0.10 Beat 149

Mar. 31 2022 -0.19 -0.20 -0.19 Beat 3.3

This summary was machine generated May 3 at 15:43 GMT. 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)

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