BlackSky Technology Inc. reports results for the quarter ended September 30 - Earnings Summary

• BlackSky Technology Inc. BKSY.N reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -32 cents. The mean expectation of ten analysts for the quarter was for a loss of 24 cents per share. Wall Street expected results to range from -39 cents to -6 cents per share.

• Revenue rose 118.4% to $42.84 million from a year ago; analysts expected $39.55 million.

• BlackSky Technology Inc.'s reported EPS for the quarter was 10 cents​.

• The company reported a quarterly loss of $18.52 million.

• BlackSky Technology Inc. shares had fallen by 21.3% this quarter and lost 10.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 8.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

• Wall Street's median 12-month price target for BlackSky Technology Inc. is $36.00, about 53.4% above its last closing price of $16.77

This summary was machine generated from LSEG data November 5 at 07:34 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)