Blade Air Mobility Q1 2024 GAAP EPS $(0.06) Beats $(0.12) Estimate, Sales $51.514M Beat $49.462M Estimate
Portfolio Pulse from Benzinga Newsdesk
Blade Air Mobility reported Q1 2024 earnings with a GAAP EPS of $(0.06), surpassing the $(0.12) estimate, and sales of $51.514M, exceeding the $49.462M estimate. This represents a 13.79% increase in sales compared to the same period last year.
May 07, 2024 | 11:04 am
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POSITIVE IMPACT
Blade Air Mobility exceeded Q1 2024 earnings and sales estimates, with a significant year-over-year sales growth.
Beating both EPS and sales estimates significantly, especially with a notable year-over-year sales increase, is likely to instill investor confidence and could lead to a positive short-term price movement for BLDE.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100