Backblaze Inc expected to post a loss of 10 cents a share - Earnings Preview
Backblaze Inc expected to post a loss of 10 cents a share - Earnings Preview
Backblaze Inc BLZE.OQ BLZE.O is expected to show a rise in quarterly revenue when it reports results on August 3 for the period ending June 30 2026
The San Mateo California-based company is expected to report a 10.0% increase in revenue to $39.935 million from $36.3 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.
LSEG's mean analyst estimate for Backblaze Inc is for a loss of 10 cents per share.
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 mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Backblaze Inc is $15.50, about 13% above its last closing price of $13.72
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | -0.08 | -0.09 | -0.10 | Missed | -11.1 |
Dec. 31 2026 | -0.09 | -0.10 | -0.09 | Beat | 14.3 |
Sep. 30 2025 | -0.12 | -0.12 | -0.06 | Beat | 50.8 |
Jun. 30 2025 | -0.18 | -0.18 | -0.13 | Beat | 27.1 |
Mar. 31 2025 | -0.19 | -0.19 | -0.17 | Beat | 8.9 |
Dec. 31 2024 | -0.23 | -0.24 | -0.30 | Missed | -25.9 |
Sep. 30 2024 | -0.24 | -0.24 | -0.29 | Missed | -20 |
Jun. 30 2024 | -0.26 | -0.27 | -0.25 | Beat | 6.3 |
This summary was machine generated July 31 at 22:45 GMT. 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)
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