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

Blackbaud

03/05/2023 14:31

* Blackbaud Inc  BLKB.OQ  reported quarterly adjusted
earnings of
72 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
70 cents per share.
    * Revenue rose 1.8% to $261.75 million from a year ago;
analysts
expected $261.47 million. 
    * Blackbaud Inc's reported EPS for the quarter was a loss
of 28
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
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 fallen by 2.6% this quarter and
gained 14.7% so far this year.
    * The company reported a quarterly loss of $14.7 million.
    * Wall Street's median 12-month price target for Blackbaud
Inc is
$63.00 
    * 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 LSEG Refinitiv data May
3 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.70           0.72           Beat
 Dec. 31 2022      0.60           0.68           Beat
 Sep. 30 2022      0.60           0.69           Beat
 Jun. 30 2022      0.67           0.75           Beat