Will Blink Charging (BLNK) Report Negative Earnings Next Week? What You Should Know

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$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].