The latest trading session saw Blink Charging (BLNK) ending at $0.99, denoting a -0.98% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.08%. Meanwhile, the Dow experienced a rise of 0.08%, and the technology-dominated Nasdaq saw an increase of 0.52%.

Coming into today, shares of the company had lost 5.66% in the past month. In that same time, the Computer and Technology sector lost 12.04%, while the S&P 500 lost 7.33%.

Analysts and investors alike will be keeping a close eye on the performance of Blink Charging in its upcoming earnings disclosure. The company is forecasted to report an EPS of -$0.15, showcasing a 15.38% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $33.24 million, down 11.54% from the year-ago period.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.49 per share and revenue of $141.83 million. These totals would mark changes of +19.67% and +12.39%, respectively, from last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Blink Charging. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.35% rise in the Zacks Consensus EPS estimate. Blink Charging is currently sporting a Zacks Rank of #2 (Buy).

The Electronics - Miscellaneous Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 17, putting it in the top 7% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

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This article originally published on Zacks Investment Research (zacks.com).

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