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Blade Air Mobility, Inc. (BLDE) Reports Q1 Loss, Tops Revenue Estimates
BLDEBlade(BLDE) ZACKS·2025-05-12 13:15

Core Insights - Blade Air Mobility, Inc. (BLDE) reported a quarterly loss of 0.04pershare,outperformingtheZacksConsensusEstimateofalossof0.04 per share, outperforming the Zacks Consensus Estimate of a loss of 0.11, and showing improvement from a loss of 0.06pershareayearago[1]−Thecompanyachievedrevenuesof0.06 per share a year ago [1] - The company achieved revenues of 54.31 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 9.55% and up from 51.51millionyear−over−year[2]−BladeAirMobility′sshareshavedeclinedapproximately31.351.51 million year-over-year [2] - Blade Air Mobility's shares have declined approximately 31.3% year-to-date, contrasting with the S&P 500's decline of 3.8% [3] Financial Performance - Over the last four quarters, Blade Air Mobility has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] - The current consensus EPS estimate for the upcoming quarter is -0.04 on revenues of 65.57million,andforthecurrentfiscalyear,itis−65.57 million, and for the current fiscal year, it is -0.17 on revenues of $256.96 million [7] Market Outlook - The earnings outlook for Blade Air Mobility is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market [6] - The Technology Services industry, to which Blade Air Mobility belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable industry outlook [8]