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

Blackbaud

13/02/2023 22:01

* Blackbaud Inc  BLKB.OQ  reported quarterly adjusted
earnings of
68 cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for earnings of
60 cents per share.
    * Revenue rose 10.8% to $274.76 million from a year ago;
analysts
expected $278.20 million. 
    * Blackbaud Inc's reported EPS for the quarter was a loss
of 41
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. 
    * Blackbaud Inc shares had risen by 3.8% this quarter.
    * The company reported a quarterly loss of $21.26 million.
    * Wall Street's median 12-month price target for Blackbaud
Inc is
$60.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
13 at 10:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.60           0.68           Beat
 Sep. 30 2022      0.60           0.69           Beat
 Jun. 30 2022      0.67           0.75           Beat
 Mar. 31 2022      0.66           0.57           Missed