Company Performance - Blink Charging's stock closed at $0.73, reflecting a -1.8% change from the previous trading day's closing, underperforming compared to the S&P 500's 0.15% gain [1] - Over the past month, Blink Charging's shares have decreased by 20.8%, while the Computer and Technology sector gained 1.15% and the S&P 500 lost 0.21% [1] Earnings Forecast - The upcoming earnings report for Blink Charging is expected to show an EPS of -$0.14, which is a 7.69% decline from the same quarter last year [2] - Revenue is projected to be $27.01 million, indicating a 28.1% decrease compared to the same quarter of the previous year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at -$0.48 per share and revenue at $130.77 million, reflecting changes of +21.31% and +3.62% respectively from the previous year [3] Analyst Projections - Recent shifts in analyst projections for Blink Charging are important as they reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Blink Charging at 3 (Hold), with no changes in the consensus EPS projection over the past 30 days [6] Industry Context - Blink Charging operates within the Electronics - Miscellaneous Services industry, which is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 15, placing it in the top 7% of all industries [7]
Blink Charging (BLNK) Stock Drops Despite Market Gains: Important Facts to Note