On Monday, February 08, Blackbaud BLKB will release its latest earnings report. Decipher the announcement with Benzinga's help.
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
Wall Street analysts see Blackbaud reporting earnings of $0.71 per share on sales of $228.40 million. Blackbaud reported a profit of $0.51 per share when it published results during the same quarter last year. Sales in that period totaled $238.08 million.
Why Analyst Estimates And Earnings Surprises Are Important
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.
If the company were to match the consensus estimate, earnings would be up 39.22%. Revenue would be down 4.07% on a year-over-year basis. Here is how the Blackbaud's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 0.70 | 0.50 | 0.46 | 0.50 |
EPS Actual | 0.73 | 0.85 | 0.51 | 0.51 |
Revenue Estimate | 221.26 M | 217.74 M | 221.95 M | 232.23 M |
Revenue Actual | 215.00 M | 231.99 M | 223.62 M | 238.08 M |
Stock Performance
Over the past 52-week period, shares of Blackbaud have declined 10.14%. Given that these returns are generally negative, long-term shareholders are probably a little upset 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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