Core Viewpoint - Blade Air Mobility, Inc. (BLDE) is expected to report a year-over-year increase in earnings driven by higher revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - The earnings report is anticipated on March 13, 2025, with a consensus estimate of a quarterly loss of $0.12 per share, reflecting a year-over-year change of +47.8% [3]. - Revenues are projected to be $50.84 million, which is a 7.1% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 13.64% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -28.51%, complicating predictions for an earnings beat [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with positive readings being more predictive of earnings beats [6][7]. - Blade Air Mobility's current Zacks Rank is 3 (Hold), which, combined with the negative Earnings ESP, makes it challenging to predict an earnings beat [11]. Historical Performance - In the last reported quarter, Blade Air Mobility was expected to post a loss of $0.06 per share but actually reported a loss of $0.03, resulting in a surprise of +50% [12]. - Over the past four quarters, the company has surpassed consensus EPS estimates twice [13]. Conclusion - While Blade Air Mobility does not appear to be a strong candidate for an earnings beat, investors should consider other factors before making investment decisions [16].
Will Blade Air Mobility, Inc. (BLDE) Report Negative Earnings Next Week? What You Should Know