Blade Air Mobility (NASDAQ:BLDE - Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect Blade Air Mobility to post earnings of ($0.06) per share for the quarter. Blade Air Mobility has set its FY 2024 guidance at EPS.Persons that are interested in participating in the company's earnings conference call can do so using this link.
Blade Air Mobility (NASDAQ:BLDE - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.06) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.06). The business had revenue of $67.95 million for the quarter, compared to analysts' expectations of $62.86 million. Blade Air Mobility had a negative net margin of 20.64% and a negative return on equity of 10.86%. On average, analysts expect Blade Air Mobility to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Blade Air Mobility Price Performance
Shares of Blade Air Mobility stock traded up $0.01 during midday trading on Tuesday, hitting $3.60. 406,772 shares of the company were exchanged, compared to its average volume of 638,771. The firm has a 50 day simple moving average of $3.30 and a 200-day simple moving average of $3.28. Blade Air Mobility has a 52 week low of $2.21 and a 52 week high of $4.24. The firm has a market cap of $280.55 million, a P/E ratio of -5.53 and a beta of 1.05.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. boosted their target price on shares of Blade Air Mobility from $5.00 to $6.00 and gave the company an "overweight" rating in a research note on Tuesday, October 29th.
Read Our Latest Stock Analysis on BLDE
Blade Air Mobility Company Profile
(
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Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.
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