Blackbaud Inc reports results for the quarter ended June 30 - Earnings Summary
Blackbaud Inc reports results for the quarter ended June 30 - Earnings Summary
Blackbaud Inc BLKB.OQ reported quarterly adjusted earnings of $1.33 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.21. The mean expectation of four analysts for the quarter was for earnings of $1.28 per share. Wall Street expected results to range from $1.19 to $1.36 per share.
Revenue rose 3.3% to $290.60 million from a year ago; analysts expected $292.30 million.
Blackbaud Inc's reported EPS for the quarter was 79 cents.
The company reported quarterly net income of $35.36 million.
Blackbaud Inc shares had risen by 21.3% this quarter and lost 43.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.5% 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 "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Blackbaud Inc is $47.50, about 24.4% above its last closing price of $35.93
This summary was machine generated from LSEG data July 29 at 03:55 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 |
Jun. 30 2026 | 1.28 | 1.33 | Beat |
Mar. 31 2026 | 1.12 | 1.14 | Beat |
Dec. 31 2025 | 1.14 | 1.19 | Beat |
Sep. 30 2025 | 1.07 | 1.10 | Beat |