BlackLine Inc reports results for the quarter ended June 30 - Earnings Summary
BlackLine Inc reports results for the quarter ended June 30 - Earnings Summary
BlackLine Inc BL.OQ reported quarterly adjusted earnings of 61 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of twelve analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 55 cents to 58 cents per share.
Revenue rose 9.2% to $187.82 million from a year ago; analysts expected $187.02 million.
BlackLine Inc's reported EPS for the quarter was 27 cents.
The company reported quarterly net income of $16.48 million.
BlackLine Inc shares had risen by 16.8% this quarter and lost 40.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.8% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for BlackLine Inc is $36.50, about 10.2% above its last closing price of $32.78
This summary was machine generated from LSEG data August 4 at 10:31 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.57 | 0.61 | Beat |
Mar. 31 2026 | 0.45 | 0.56 | Beat |
Dec. 31 2025 | 0.59 | 0.63 | Beat |
Sep. 30 2025 | 0.51 | 0.51 | Met |