Blackline Inc expected to post earnings of 29 cents a share - Earnings Preview
05/08/2023 03:06
* Blackline Inc BL.OQ BL.O is expected to show a rise in
quarterly revenue when it reports results on August 8.
* The Woodland Hills California-based company is expected
to
report a 12.0% increase in revenue to $143.901 million from
$128.48 million a year ago, according to the mean estimate from
12 analysts, based on Refinitiv data. The company's guidance on
May 4 2023, for the period ended June 30, was for revenue
between $143.00 million and $145.00 million.
* Refinitiv's mean analyst estimate for Blackline Inc is
for
earnings of 29 cents per share. The company's EPS guidance on
May 4 2023, for the period ended June 30, was between $0.27 and
$0.29
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and 3 "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 Blackline
Inc is
$60, above its last closing price of $53.96.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Mar. 31 2023 0.16 0.16 0.34 Beat 110.8
Dec. 31 2023 0.17 0.17 0.35 Beat 105.4
Sep. 30 2022 0.09 0.09 0.21 Beat 135.2
Jun. 30 2022 0.01 0.01 0.07 Beat 900
Mar. -0.08 -0.08 0.01 Beat 112.6
31 2022
Dec. 31 2021 0.10 0.10 0.08 Missed -21.4
Sep. 30 2021 0.11 0.11 0.24 Beat 109.5
Jun. 30 2021 0.08 0.08 0.15 Beat 86.7
This summary was machine generated August 5 at 02:06 GMT. All
figures in US dollars unless otherwise stated