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

Blackbaud

01/08/2023 23:33

* Blackbaud Inc  BLKB.OQ  reported quarterly adjusted
earnings of
98 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
93 cents per share.
    * Revenue rose 2.3% to $271.04 million from a year ago;
analysts
expected $273.65 million. 
    * Blackbaud Inc's reported EPS for the quarter was 4 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.3%
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 6.0% this quarter and
gained 28.2% so far this year.
    * The company reported quarterly net income of $2.11
million.
    * Wall Street's median 12-month price target for Blackbaud
Inc is
$75.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 10:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.93           0.98           Beat
 Mar. 31 2023      0.70           0.72           Beat
 Dec. 31 2022      0.60           0.68           Beat
 Sep. 30 2022      0.60           0.69           Beat