Blade Air Mobility (BLDE) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Blade Air Mobility is set to announce its Q2 2025 earnings on August 6th, with analysts anticipating a loss of ($0.04) per share and revenues of $64.09 million.
• In its last earnings report on May 12th, Blade Air Mobility exceeded expectations, reporting a loss of ($0.04) per share and revenue of $54.31 million.
• Insider selling was noted as CFO William A. Heyburn and General Counsel Melissa M. Tomkiel each sold 100,000 shares of stock, representing a decrease in their ownership stakes.

Blade Air Mobility (NASDAQ:BLDE - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $64.09 million for the quarter. Blade Air Mobility has set its FY 2025 guidance at EPS.

Blade Air Mobility (NASDAQ:BLDE - Get Free Report) last issued its earnings results on Monday, May 12th. The company reported ($0.04) earnings per share for the quarter, beating analysts' consensus estimates of ($0.11) by $0.07. Blade Air Mobility had a negative return on equity of 8.80% and a negative net margin of 10.56%. The company had revenue of $54.31 million for the quarter, compared to the consensus estimate of $49.30 million. On average, analysts expect Blade Air Mobility to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Blade Air Mobility Price Performance

NASDAQ:BLDE traded down $0.21 during mid-day trading on Friday, reaching $3.78. The stock had a trading volume of 647,609 shares, compared to its average volume of 698,252. The business's 50 day moving average is $4.00 and its 200 day moving average is $3.49. Blade Air Mobility has a fifty-two week low of $2.35 and a fifty-two week high of $5.17. The stock has a market cap of $306.26 million, a P/E ratio of -11.12 and a beta of 1.69.

Insider Buying and Selling

In related news, CFO William A. Heyburn sold 100,000 shares of the stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $4.07, for a total value of $407,000.00. Following the transaction, the chief financial officer owned 1,360,002 shares in the company, valued at approximately $5,535,208.14. This represents a 6.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Melissa M. Tomkiel sold 100,000 shares of the company's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $4.08, for a total value of $408,000.00. Following the sale, the general counsel directly owned 1,151,204 shares of the company's stock, valued at $4,696,912.32. The trade was a 7.99% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 17.50% of the company's stock.

Institutional Investors Weigh In On Blade Air Mobility

An institutional investor recently raised its position in Blade Air Mobility stock. Jane Street Group LLC lifted its position in Blade Air Mobility, Inc. (NASDAQ:BLDE - Free Report) by 250.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 139,729 shares of the company's stock after purchasing an additional 99,813 shares during the quarter. Jane Street Group LLC owned 0.18% of Blade Air Mobility worth $381,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 47.36% of the company's stock.

Blade Air Mobility Company Profile

Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.