Blink Charging (BLNK) Reports Earnings Tomorrow: What To Expect
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Blink Charging (BLNK) will report earnings after market close on Monday. Last quarter, it missed revenue expectations with $27.04 million, down 3.5% year-on-year. Analysts expect a 4.4% revenue growth this quarter, a turnaround from a 44.8% decline last year. Despite past misses, analysts have reaffirmed their estimates. In the renewable energy sector, peers like Bloom Energy and Generac have shown strong growth, boosting investor sentiment. Blink Charging's stock has risen 50.2% recently, with an average analyst price target of $2.25 against its current price of $0.85.
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