Surf Air Mobility Inc. (SRFM) Reports Q3 Loss, Beats Revenue Estimates

Group 1: Earnings Performance - Surf Air Mobility Inc. reported a quarterly loss of $0.64 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.61, but an improvement from a loss of $0.94 per share a year ago, indicating a year-over-year improvement [1] - The company posted revenues of $29.17 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.30% and showing an increase from year-ago revenues of $28.39 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates just once, while it has topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Surf Air Mobility Inc. shares have lost approximately 43.6% since the beginning of the year, contrasting with the S&P 500's gain of 16.4% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is -$0.57 on revenues of $28.28 million, and -$3.61 on revenues of $107.17 million for the current fiscal year [7] Group 3: Industry Context - The Transportation - Airline industry, to which Surf Air Mobility Inc. belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, which may negatively impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that investors should monitor these revisions closely [5][6]