Blade Air Mobility (BLDE) Projected to Post 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 expected to be releasing its Q2 2025 earnings data before the market opens on Wednesday, August 6th. Analysts expect Blade Air Mobility to post 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 quarterly earnings data on Monday, May 12th. The company reported ($0.04) earnings per share for the quarter, topping analysts' consensus estimates of ($0.11) by $0.07. Blade Air Mobility had a negative net margin of 10.56% and a negative return on equity of 8.80%. The business had revenue of $54.31 million during the quarter, compared to analysts' expectations 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 midday 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 stock has a market capitalization of $306.26 million, a P/E ratio of -11.12 and a beta of 1.69. Blade Air Mobility has a 1-year low of $2.35 and a 1-year high of $5.17. The firm's fifty day simple moving average is $4.00 and its 200-day simple moving average is $3.50.

Insider Activity

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

Hedge Funds Weigh In On Blade Air Mobility

A hedge fund recently raised its stake in Blade Air Mobility stock. Jane Street Group LLC boosted its holdings in shares of Blade Air Mobility, Inc. (NASDAQ:BLDE - Free Report) by 250.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,729 shares of the company's stock after buying an additional 99,813 shares during the period. Jane Street Group LLC owned about 0.18% of Blade Air Mobility worth $381,000 as of its most recent SEC filing. 47.36% of the stock is owned by hedge funds and other institutional investors.

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.