Blink Charging is set to report its earnings soon, and expectations are low following a disappointing last quarter where it missed revenue estimates by 14.5%, generating $33.26 million—a slight year-on-year increase of 1.3%. Analysts predict a further decline in revenue of 19.3% this quarter, estimating it will drop to $35.02 million. Additionally, they anticipate an adjusted loss of -$0.11 per share, contrasting sharply with the impressive 152% growth seen in the same quarter last year. Despite these challenges, analysts have maintained their estimates over the past month, indicating a belief that the company will stabilize. Blink Charging has struggled with revenue estimates in the past, missing Wall Street expectations twice in the last two years. Comparatively, peers like American Superconductor and Generac have shown strong growth, contributing to a generally positive sentiment in the renewable energy sector. Blink's stock has risen 12% recently, but it still faces significant hurdles.
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