Blackbaud Q2 EPS $0.98 Beats $0.93 Estimate, Sales $271.04M Miss $272.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Blackbaud (NASDAQ:BLKB) reported Q2 earnings of $0.98 per share, beating the analyst consensus estimate of $0.93 by 5.38%. However, the company's quarterly sales of $271.04 million missed the analyst consensus estimate of $272.65 million by 0.59%.
August 04, 2023 | 10:29 am
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Blackbaud's Q2 earnings beat estimates but sales fell short. This mixed result could lead to uncertainty in the market.
Blackbaud's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The mixed results could lead to uncertainty in the market, potentially impacting the stock's short-term performance.
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RELEVANCE 100