Blink Charging Co reports results for the quarter ended December 31 - Earnings Summary

• Blink Charging Co BLNK.OQ reported a quarterly adjusted loss of 73 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -31 cents. The mean expectation of eight analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -20 cents to -13 cents per share.

• Revenue fell 29.3% to $30.18 million from a year ago; analysts expected $30.52 million.

• Blink Charging Co's reported EPS for the quarter was a loss of 73 cents​.

• The company reported a quarterly loss of $73.51 million.

• Blink Charging Co shares had fallen by 29.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the electric utilities peer group is also "hold"

Wall Street's median 12-month price target for Blink Charging Co is $3.50

This summary was machine generated from LSEG data March 13 at 09:43 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)