Blackbaud Inc reports results for the quarter ended December 31 - Earnings Summary

Blackbaud

18/02/2025 14:31

* Blackbaud Inc  BLKB.OQ  reported quarterly adjusted
earnings of
$1.08​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of
$1.14.  The mean expectation of four analysts for the quarter
was for earnings of $1.06 per share. Wall Street expected
results to range from $1.01  to $1.10 per share.
    * Revenue rose 2.4% to $302.23 million from a year ago;
analysts
expected $303.73 million. 
    * Blackbaud Inc's reported EPS for the quarter was a loss of
$6.82​.
    * The company reported a quarterly loss of $334.54 million.
    * Blackbaud Inc shares had risen by 8.1% this quarter.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Blackbaud Inc is
$80.00 
This summary was machine generated from LSEG data February 18 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.06           1.08           Beat
 Sep. 30 2024      1.07           0.99           Missed
 Jun. 30 2024      1.04           1.08           Beat
 Mar. 31 2024      0.89           0.93           Beat