Blink Charging Co. (NASDAQ:BLNK) is set to announce third quarter earning results on Thursday 12th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, BLNK to report 3Q20 loss of $ 0.09 per share from revenue of $ 1.78 million.
For the full year, analysts anticipate top line of $ 7.16 million, while looking forward to loss of $ 0.39 per share bottom line.
Previous Quarter Performance
Blink Charging Co. unfold loss for the second quarter of $ 0.11 per share, from the revenue of $ 0.90 million. The consensus estimates are loss of $ 0.08 per share from $ 1.48 million in revenue. The bottom line results missed street analysts by $ 0.03 or 37.5 percent, at the same time, top line results fell short of analysts by $ 0.58 million or 39.19 percent.
Stock Performance
Shares of Blink Charging Co. traded up $ 0.72 or 7.59 percent on Wednesday, reaching $ 10.21 with volume of 2.31 million shares. Blink Charging Co. has traded high as $ 10.21 and has cracked $ 9.23 on the downward trend
The closing price of $ 10.21, representing a 659.20 % increase from the 52 week low of $ 1.25 and a 34.91 % decrease over the 52 week high of $ 14.58.
The company has a market capital of $ 324.14 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
Blink Charging Co. will be hosting a conference call at 4:30 PM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (877) 876-9173 (United States) or (785) 424-1667 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.blinkcharging.com
Blink Charging Co. owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types.
