Recap: Blackbaud Q1 Earnings

Blackbaud BLKB reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Blackbaud beat estimated earnings by 2.86%, reporting an EPS of $0.72 versus an estimate of $0.7.

Revenue was up $4.63 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 5.36% drop in the share price the next day.

Here's a look at Blackbaud's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.60 0.60 0.67 0.66
EPS Actual 0.68 0.69 0.75 0.57
Revenue Estimate 278.20M 261.06M 266.88M 253.10M
Revenue Actual 274.76M 261.30M 264.93M 257.12M

To track all earnings releases for Blackbaud visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
▲▼
ticker
▲▼
name
▲▼
Actual EPS
▲▼
EPS Surprise
▲▼
Actual Rev
▲▼
Rev Surprise
▲▼
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!