Market Overview

Earnings Outlook For Blackbaud

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Blackbaud (NASDAQ: BLKB) announces its next round of earnings this Wednesday, October 28. Here is Benzinga's everything-that-matters guide for this Wednesday's Q3 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Blackbaud EPS will likely be near $0.7 while revenue will be around $221.26 million, according to analysts. In the same quarter last year, Blackbaud reported EPS of $0.56 on revenue of $221.12 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street estimate would represent a 25.0% increase in the company's earnings. Sales would be up 0.06% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.50 0.46 0.50 0.50
EPS Actual 0.85 0.51 0.51 0.56
Revenue Estimate 217.74 M 221.95 M 232.23 M 219.33 M
Revenue Actual 231.99 M 223.62 M 238.08 M 221.12 M

Stock Performance

Over the last 52-week period, shares are down 33.59%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Blackbaud is scheduled to hold the call at 08:00:00 ET and can be accessed here.

 

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Posted-In: Earnings