Blade Air Mobility: Q1 Earnings Insights

Blade Air Mobility 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.

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.

Earnings Calendar