For the quarter ended December 2024, Blink Charging (BLNK) reported income of $30.18 million, down 29.3% over the identical interval final 12 months. EPS got here in at -$0.15, in comparison with -$0.28 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $32.41 million, representing a shock of -6.87%. The corporate delivered an EPS shock of +16.67%, with the consensus EPS estimate being -$0.18.
Whereas traders scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s value efficiency.
Right here is how Blink Charging carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Revenues- Product gross sales: $17.17 million versus the three-analyst common estimate of $21.57 million. The reported quantity represents a year-over-year change of -48.6%.
- Revenues- Charging service income – company-owned charging stations: $6.23 million versus $5.14 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +37.3% change.
- Revenues- Grant and rebate: $0.09 million in comparison with the $0.17 million common estimate based mostly on two analysts. The reported quantity represents a change of -53% 12 months over 12 months.
- Revenues- Community charges: $2.41 million in comparison with the $2.52 million common estimate based mostly on two analysts. The reported quantity represents a change of +9% 12 months over 12 months.
- Revenues- Automotive-sharing companies: $1.20 million versus the two-analyst common estimate of $1.34 million. The reported quantity represents a year-over-year change of +0.8%.
- Revenues- Different: $0.36 million versus $0.19 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +220.5% change.
- Revenues- Guarantee: $2.73 million in comparison with the $0.82 million common estimate based mostly on two analysts. The reported quantity represents a change of +149.2% 12 months over 12 months.
View all Key Company Metrics for Blink Charging here>>>
Shares of Blink Charging have returned -8.7% over the previous month versus the Zacks S&P 500 composite’s -7.4% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out in step with the broader market within the close to time period.
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Blink Charging Co. (BLNK) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
