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Mobile Infrastructure Corp (BEEP)
NASDAQ:BEEP
Earnings Data
Report Date
Aug 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.09Last Year’s EPS
-0.06Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: 2.24%
|Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with strategic progress offset by significant short-term challenges. While strategic initiatives around contract conversions and portfolio optimization are advancing and showing promise, immediate financial metrics such as revenue and NOI have been negatively impacted by external and operational factors.Company Guidance
During the Mobile Infrastructure Corporation's first quarter 2025 earnings call, the management provided several key metrics and guidance for the year. They maintained their 2025 guidance with expected revenues between $37 million and $40 million and projected net operating income (NOI) ranging from $23.5 million to $25 million, representing a 7% year-over-year growth at the midpoint. Adjusted EBITDA is anticipated to be between $16.5 million and $18 million. The company reported first-quarter revenue of $8.2 million, a decrease of 6.7% from the prior year, attributed to seasonal factors and specific challenges such as harsh weather and construction disruptions. The shift to management contracts is leading to stable accrual-based revenue, with a notable improvement in parking technology providing granular consumer insights. By the end of 2025, they aim to have 75% of their portfolio under management contracts, enhancing rate autonomy and data transparency. Additionally, they are exploring complementary revenue streams, including EV charging and autonomous vehicle fleet hubs, to enhance asset value and cash flow.Strategic Pillars on Track
The conversion of the core portfolio into management agreements is progressing, with 29 out of 40 garages now under management contracts. By the end of 2025, 75% of the portfolio will be managed under these contracts, improving rate autonomy and data transparency.
Successful Asset Sales
Last year's sale of three assets at sub-2% capitalization rate confirmed significant latent value in real estate holdings, supporting the ongoing strategy to rotate non-core assets.
Contract Volume Increase
Business development outreach secured over 250 net new monthly contracts, lifting contract volume sequentially, indicating effective go-to-market discipline.
Balance Sheet Improvements
The company maintained a $40 million credit facility to reduce preferred stock conversions, and the preferred outstanding decreased to $19 million from $39.5 million at the start of last year.
BEEP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BEEP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $4.02 | $3.82 | -4.98% |
Mar 10, 2025 | $3.40 | $3.75 | +10.29% |
Nov 12, 2024 | $3.35 | $3.21 | -4.18% |
Aug 13, 2024 | $2.91 | $2.77 | -4.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mobile Infrastructure Corp (BEEP) report earnings?
Mobile Infrastructure Corp (BEEP) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
What is Mobile Infrastructure Corp (BEEP) earnings time?
Mobile Infrastructure Corp (BEEP) earnings time is at Aug 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BEEP EPS forecast?
BEEP EPS forecast for the fiscal quarter 2025 (Q2) is -0.09.