Blend Labs (NYSE: BLND) has announced that it will be unveiling its third quarter financial results on Wednesday 6th November 2024. The disclosure is planned to occur after market close.
According to the forecasts of financial experts on Wall Street, the organization is expected to reveal an anticipated $0.02 loss per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $41.91 million.
In the same quarter of the previous year, the company's financial statement revealed a per-share loss of $0.09. Additionally, the company's overall revenue for that particular period was an impressive $40.59 million.
Wall street analysts expect the company to generate a total revenue of $160.8 million for the entire year. Additionally, these analysts also foresee the company achieving an estimated loss of $0.11 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.02 | +77.8% | 40.48 M | -5.5% |
| Q1 2024 | $-0.06 | +60.0% | 34.95 M | -6.4% |
| Q4 2023 | $-0.09 | +57.1% | 36.10 M | -15.6% |
| Q3 2023 | $-0.09 | +52.6% | 40.59 M | -26.7% |
| Q2 2023 | $-0.09 | +52.6% | 42.82 M | -34.7% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 6th November 2024 at 04:30 PM eastern time, in a conference call with public.
Friday's trading saw Blend Labs (BLND) shares hit a low of $3.57 and a high of $3.74, with a day volume of 1.20 million shares. The stock closed the regular trading session at $3.63, indicating 0.00 percent .
