Blackline Inc expected to post earnings of 55 cents a share - Earnings Preview
09/02/2024 21:57
* Blackline Inc BL.OQ BL.O is expected to show a rise in
quarterly revenue when it reports results on February 13 for
the period ending December 31 2023
* The Woodland Hills California-based company is expected
to
report a 10.2% increase in revenue to $154.285 million from
$139.96 million a year ago, according to the mean estimate from
12 analysts, based on LSEG data.The company's guidance on
November 2 2023, for the period ended December 31, was for
revenue between $153.00 million and $155.00 million. (SAL is
based on Total Revenue)
* LSEG's mean analyst estimate for Blackline Inc is for
earnings
of 55 cents per share. The company's EPS guidance on November 2
2023, for the period ended December 31, was between $0.52 and
$0.58
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 4 "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
$60.00, below its last closing price of $61.75.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.35 0.35 0.51 Beat 45
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. 0.09 0.09 0.21 Beat 135.2
30 2022
Jun. 30 2022 0.01 0.01 0.07 Beat 900
Mar. 31 2022 -0.08 -0.08 0.01 Beat 112.6
Dec. 31 2021 0.10 0.10 0.08 Missed -21.4
This summary was machine generated February 9 at 21:57 GMT. 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)