Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Blink Charging despite lower revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - Blink Charging is expected to report a quarterly loss of $0.17 per share, reflecting a year-over-year change of +39.3% [3]. - Revenues are projected to be $32.41 million, down 24.1% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - A negative Earnings ESP of -5.88% suggests analysts have recently become bearish on the company's earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [6][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have shown a nearly 70% success rate in beating earnings expectations [8]. Historical Performance - Blink Charging has beaten consensus EPS estimates three out of the last four quarters, with a recent surprise of +5.88% when it reported a loss of $0.16 instead of the expected loss of $0.17 [12][13]. Conclusion - Blink Charging does not appear to be a strong candidate for an earnings beat based on current estimates and rankings, but other factors may influence stock performance [16].

SEATTLE, WA, March 06, 2025 (GLOBE NEWSWIRE) -- Envoy Technologies Inc. ("Envoy"), a Blink Charging Co. entity and leading provider of electric car-sharing services, has announced the launch of its electric vehicle car-sharing service at The Modern Seattle, a luxury high-rise managed by Sentral ("The Modern Seattle"). This collaboration marks a significant milestone in Envoy's expansion and sets a new standard for premium urban living amenities. The Modern Seattle, a 216-unit property located at 255 Lenora ...

Core Insights - Envoy Technologies Inc. has launched its electric vehicle car-sharing service at The Modern Seattle, enhancing urban living amenities and marking a significant expansion milestone for the company [1][3] Company Overview - Envoy is a leading provider of electric car-sharing services, headquartered in Culver City, California, and is a subsidiary of Blink Charging Co. [6] - The company focuses on delivering electric car-sharing as a premium amenity for private properties, including apartments and hotels, supporting urban development goals and reducing parking demand [6] Service Launch Details - The Modern Seattle, a luxury high-rise with 216 units, now offers residents exclusive access to a Lucid Air Touring through Envoy's service, enhancing the property's appeal in Seattle's competitive real estate market [2][3] - The collaboration with Sentral aims to elevate property value and resident satisfaction, potentially increasing rental income [3][4] Strategic Expansion - Envoy's presence in Seattle includes other properties like The M, a student housing complex, and aims to strengthen its foothold in the Pacific Northwest luxury market [4] - The launch at The Modern Seattle is expected to be the first of additional collaborations with Sentral, indicating a strategic growth plan [4]

Core Viewpoint - Blink Charging Co. is set to announce its fourth quarter and year-end 2024 results on March 13, 2025, with a conference call scheduled for the same day to discuss these results [1]. Company Overview - Blink Charging Co. is a leading global provider of electric vehicle (EV) charging equipment and services, facilitating the transition to electric transportation through innovative solutions [4]. - The company's main offerings include the Blink Network, EV charging equipment, and related services, utilizing proprietary cloud-based software for operation and maintenance [4]. - Blink has established strategic partnerships for the deployment of charging solutions across various locations, including parking facilities, residential areas, workplaces, healthcare facilities, educational institutions, airports, and retail spaces [4]. Event Details - The conference call will take place at 4:30 p.m. Eastern Time on March 13, 2025, following the market close [1]. - Investors can access the live webcast through the Blink Charging website or via a specific link provided [2]. - A replay of the teleconference will be available until April 12, 2025, with specific dialing instructions for access [3]. Investor Relations - Contact information for investor relations and media inquiries is provided, including email addresses and phone numbers for key personnel [6].

Company Performance - Blink Charging (BLNK) closed at $0.97, reflecting a -1.31% change from the previous session, underperforming the S&P 500's daily loss of 0.47% [1] - Over the past month, shares of Blink Charging have depreciated by 20.15%, significantly underperforming the Computer and Technology sector's loss of 4.34% and the S&P 500's loss of 1.78% [1] Upcoming Financial Results - Analysts expect Blink Charging to report earnings of -$0.17 per share, indicating a year-over-year growth of 39.29% [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $34.32 million, which is a decrease of 19.64% from the same period last year [2] Analyst Estimates and Market Outlook - Recent changes to analyst estimates for Blink Charging suggest a favorable outlook on the company's business health and profitability [3] - The Zacks Rank system, which assesses estimate changes, indicates that stocks with a 1 rating have delivered an average annual return of +25% since 1988 [5] - Currently, Blink Charging holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining steady over the past month [5] Industry Context - The Electronics - Miscellaneous Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 81, placing it in the top 33% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]

Core Insights - Blink Charging Co. has appointed Chris Carr as Senior Vice President of Sales & Business Development, aiming to enhance its sales growth and strategic initiatives [1][2]. Company Overview - Blink Charging is a leading global provider of electric vehicle (EV) charging equipment and services, facilitating the transition to electric transportation through innovative solutions [5]. - The company's product offerings include the Blink EV charging network, charging equipment, and related services, supported by proprietary cloud-based software for operation and maintenance [5]. Leadership and Strategy - Chris Carr brings over 12 years of sales leadership experience, including seven years in the renewable energy sector, and has dedicated the last four years to the EV charging industry [2][3]. - Carr's previous role as Director of EV Charging for Gotion involved accelerating the growth of various EV charging products, positioning him to identify market gaps and drive operational efficiency [3]. - The company aims to leverage Carr's expertise to enhance customer loyalty and drive growth, with a focus on developing state-of-the-industry solutions and increasing revenues [4]. Market Position and Future Outlook - Blink Charging is recognized for its diverse product offerings and sustained relevance in the EV sector, with strategic partnerships established across various location types to promote EV adoption [5]. - The leadership believes Carr's appointment will be pivotal in steering the company towards profitability and long-term market leadership [4].

Blink to provide expanded charging availability and support a more sustainable future for the state Bowie, Md., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, provider and manufacturer of electric vehicle (EV) charging equipment and services, has announced it has reached an agreement to provide up to 50 EV charging ports throughout the City of Alameda, California. The agreement sets the stage for Blink Charging and the City o ...

Core Viewpoint - Blink Charging Co. has filed a registration statement with the SEC for an initial public offering (IPO) of its subsidiary Envoy Technologies, which specializes in electric vehicle car-sharing services [1][2]. Company Overview - Blink Charging Co. is a leading global provider of electric vehicle (EV) charging equipment and services, facilitating the transition to electric transportation through innovative solutions [5]. - Envoy Technologies, a subsidiary of Blink, offers all-electric car-sharing services in the U.S., focusing on private properties such as apartments and hotels, and aims to reduce parking demand and individual car ownership [4]. IPO Details - The number of shares and price range for the proposed offering of Envoy Technologies have not yet been determined, and the IPO is subject to market conditions and SEC review [2]. - Envoy Technologies plans to list its common stock on The Nasdaq Capital Market under the ticker symbol "EVOY" [2]. Strategic Partnerships - Blink has established strategic partnerships to promote EV adoption across various locations, including parking facilities, multifamily residences, and commercial properties [5].

Company Performance - Blink Charging's stock closed at $1.06, reflecting a decrease of 0.93% from the previous day, underperforming compared to the S&P 500's gain of 0.03% [1] - Over the last month, Blink Charging's shares have decreased by 30.52%, while the Computer and Technology sector gained 2.31% and the S&P 500 gained 4.19% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of -$0.17, indicating a 39.29% improvement from the same quarter last year [2] - Revenue is projected to be $34.32 million, which represents a 19.64% decline from the equivalent quarter last year [2] Analyst Estimates - Recent changes in analyst estimates for Blink Charging reflect evolving short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] - The Zacks Rank system, which evaluates these estimate changes, suggests a direct correlation with stock price performance [4] Zacks Rank and Industry Position - Blink Charging currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the past month [5] - The Electronics - Miscellaneous Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [6]

Mike Battaglia Steps Up as President & CEO to Lead Blink Charging's Global Growth in EV Infrastructure and Energy Resilience Bowie, Md., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK) ("Blink" or the "Company"), a leading global owner, operator, provider, and manufacturer of electric vehicle (EV) charging equipment and services, today announced the planned transition of Michael (Mike) Battaglia to the role of President & CEO, effective immediately. This move follows the planned retiremen ...