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Wheels Up Experience Inc - Class A

$2.47

Earnings Summary

Revenue
$325.64Mn
Net Profits
$-88.65Mn
Net Profit Margins
-27.22%

Highlights

Revenue:

Wheels Up Experience Inc - Class A’s revenue jumped 24.45% since last year same period to $325.64Mn in the Q1 2022. On a quarterly growth basis, Wheels Up Experience Inc - Class A has generated -5.63% fall in its revenue since last 3-months.

Net Profits:

Wheels Up Experience Inc - Class A’s net profit fell -5603.57% since last year same period to $-88.65Mn in the Q1 2022. On a quarterly growth basis, Wheels Up Experience Inc - Class A has generated -27.75% fall in its net profits since last 3-months.

Net Profit Margins:

Wheels Up Experience Inc - Class A’s net profit margin fell -4482.98% since last year same period to -27.22% in the Q1 2022. On a quarterly growth basis, Wheels Up Experience Inc - Class A has generated -35.36% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Wheels Up Experience Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.25
EPS Estimate Current Year
-0.25

Highlights

EPS Estimate Current Quarter:

Wheels Up Experience Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.25 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Wheels Up Experience Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.25.

Key Ratios

Key ratios of the Wheels Up Experience Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.22
Return on Assets (ROA)
-0.07
Return on Equity (ROE)
-0.38
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Wheels Up Experience Inc - Class A’s earning per share (EPS) jumped 19.27% since last year same period to -0.22 in the Q1 2022. This indicates that the Wheels Up Experience Inc - Class A has generated 19.27% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Wheels Up Experience Inc - Class A’s return on assets (ROA) stands at -0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Wheels Up Experience Inc - Class A’s return on equity (ROE) stands at -0.38.

Dividend Per Share (DPS):

Wheels Up Experience Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-13
-0.25
-0.22
12%

Company Information

Wheels Up, the leading brand in private aviation, is the only company in the industry to offer a total private aviation solution that includes world-class safety, service, and flexibility through on-demand private flights across all cabin categories, membership programs, corporate solutions, aircraft management, whole aircraft sales, and commercial travel benefits through a strategic partnership with Delta Air Lines. Wheels Up, which was founded and is led by renowned entrepreneur Kenny Dichter, is uniquely positioned to offer its Customers and Members access to over 1,500 safety-vetted and verified aircraft. Through the Wheels Up App anyone can search, book, and fly. Wheels Up Connect, Core, and Business memberships provide enhancements such as flight sharing, empty-leg Hot Flights, Shuttle Flights, Shared Flights, signature Wheels Down events, and exclusive member benefits from preeminent lifestyle brands. The Company's ongoing Wheels Up Cares program aligns with philanthropic organizations and initiatives that affect and matter to the Company and its Customers, Members, stakeholders, families, and friends. The Wheels Up Cares fleet is comprised of five custom painted Beechcraft King Air 350i aircraft; each plane serves as a flying symbol for a specific cause.

Organisation
Wheels Up Experience Inc - Class A
Employees
3