Blackline Inc expected to post earnings of 35 cents a share - Earnings Preview
01/11/2023 02:08
* Blackline Inc BL.OQ BL.O is expected to show a rise in
quarterly revenue when it reports results
* The Woodland Hills California-based company is expected
to
report a 11.5% increase in revenue to $149.754 million from
$134.27 million a year ago, according to the mean estimate from
11 analysts, based on LSEG data. The company's guidance on
August 8 2023, for the period ended September 30, was for
revenue between $149.00 million and $151.00 million.
* Refinitiv's mean analyst estimate for Blackline Inc is
for
earnings of 35 cents per share. The company's EPS guidance on
August 8 2023, for the period ended September 30, was between
$0.32 and $0.35
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"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
$59, above its last closing price of $49.10.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Jun. 30 2023 0.29 0.29 0.41 Beat 42.6
Mar. 31 2023 0.16 0.16 0.34 Beat 110.8
Dec. 31 2022 0.17 0.17 0.35 Beat 105.4
Sep. 30 2022 0.09 0.09 0.21 Beat 135.2
Jun. 0.01 0.01 0.07 Beat 900
30 2022
Mar. 31 2022 -0.08 -0.08 0.01 Beat 112.6
Dec. 31 2021 0.10 0.10 0.08 Missed -21.4
Sep. 30 2021 0.11 0.11 0.24 Beat 109.5
This summary was machine generated November 1 at 02:07 GMT. All
figures in US dollars unless otherwise stated