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

BlackLine

03/11/2022 22:22

* Blackline Inc  BL.OQ  reported quarterly adjusted earnings
of 21
cents​​ per share for the quarter ended in September. The mean
expectation of fourteen analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue rose 22.7% to $134.27 million from a year ago;
analysts
expected $134.16 million. 
    * Blackline Inc's reported EPS for the quarter was a loss
of 34
cents​.
    * The mean earnings estimate of analysts had risen by
about 58.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Blackline Inc shares had fallen by 14.0% this quarter and
lost 50.3% so far this year.
    * The company reported a quarterly loss of $20.02 million.
    * Wall Street's median 12-month price target for Blackline
Inc is
$70.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 10:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.09           0.21           Beat
 Jun. 30 2022      0.01           0.07           Beat
 Mar. 31 2022      -0.08          0.01           Beat
 Dec. 31 2021      0.10           0.08           Missed