Blackline Inc reports results for the quarter ended in December - Earnings Summary

BlackLine

14/02/2023 22:01

* Blackline Inc  BL.OQ  reported quarterly adjusted earnings
of 35
cents​​ per share for the quarter ended in December. The mean
expectation of fourteen analysts for the quarter was
for earnings of 17 cents per share.
    * Revenue rose 21.4% to $139.96 million from a year ago;
analysts
expected $139.61 million. 
    * Blackline Inc's reported EPS for the quarter was 18
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Blackline Inc shares had risen by 8.6% this quarter.
    * The company reported quarterly net income of $11.3
million.
    * Wall Street's median 12-month price target for Blackline
Inc is
$63.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and 4 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
14 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.17           0.35           Beat
 Sep. 30 2022      0.09           0.21           Beat
 Jun. 30 2022      0.01           0.07           Beat
 Mar. 31 2022      -0.08          0.01           Beat