Blade Air Mobility: Q1 Earnings Insights

Benzinga · 05/11/2023 11:15

Blade Air Mobility (NASDAQ:BLDE) reported its Q1 earnings results on Thursday, May 11, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.


Blade Air Mobility beat estimated earnings by 33.33%, reporting an EPS of $-0.14 versus an estimate of $-0.21.

Revenue was up $18.64 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 3.41% increase in the share price the next day.

Here's a look at Blade Air Mobility's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.17 -0.138 -0.17 -0.19
EPS Actual -0.21 -0.130 0.10 -0.16
Revenue Estimate 35.96M 38.50M 26.82M 22.06M
Revenue Actual 38.13M 45.72M 35.63M 26.63M

To track all earnings releases for Blade Air Mobility visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.