Backblaze Inc expected to post a loss of 26  cents a share - Earnings Preview

Backblaze

16/02/2022 01:00

* Backblaze Inc  BLZE.OQ   BLZE.O  is expected to report
results on February 17.
    * The San Mateo California-based  company is expected to
report
revenue of $18.022 million, according to the mean estimate from
6 analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Backblaze Inc is
for a
loss of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the it services &
consulting peer group is also "Buy".​
    * Wall Street's median 12-month price target for Backblaze
Inc is
$28​, about 46.6% above​ its last closing price of $14.95. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.20       -0.20      -0.32     Missed  -62.7
  2021                                                  
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 This summary was machine generated February 16 at 01:00 GMT. 
All figures in US dollars  unless otherwise stated