Backblaze Inc expected to post a loss of 36  cents a share - Earnings Preview

Backblaze

04/05/2022 03:10

* Backblaze Inc  BLZE.OQ   BLZE.O  is expected to report
results on May 5.
    * The San Mateo California-based  company is expected to
report
revenue of $19.284 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 36 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Backblaze
Inc is
$22​, above​ its last closing price of $9.78. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.26       -0.26      -0.38     Missed  -47.1
 Sep. 30 2021  -0.20       -0.20      -0.32     Missed  -62.7
                                                        ​
 ​​                                                     
                                                        ​
 This summary was machine generated May 4 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated