Blackbaud Inc expected to post earnings of $1.04 a share - Earnings Preview

Blackbaud

26/07/2024 23:34

* Blackbaud Inc  BLKB.OQ   BLKB.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Charleston South Carolina-based  company is expected
to
report a 6.8% increase in revenue to $289.421 million from
$271.04 million a year ago, according to the mean estimate from
5 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Blackbaud Inc is for
earnings
of $1.04 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "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 Blackbaud
Inc is
$84.00​, above​ its last closing price of $78.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.88        0.89       0.93      Beat    4.3
 Dec. 31 2024  1.06        1.05       1.14      Beat    8.6
 Sep. 30 2023  0.97        0.97       1.12      Beat    15.9​
 Jun. 30 2023  0.93        0.93       0.98      Beat    5.4
 ​​Mar.        0.70        0.70       0.72      Beat    3.1
 31 2023                                                
 Dec. 31 2022  0.60        0.60       0.68      Beat    12.7​
 Sep. 30 2022  0.60        0.60       0.69      Beat    14.7
 Jun. 30 2022  0.67        0.67       0.75      Beat    11.7
 This summary was machine generated July 26 at 22:34 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)