BlackLine Sees Q4 EPS $0.52-$0.58 Vs $0.41 Est.; Revenue $153M-$155M Vs $155M Est.; FY23 EPS $1.79-$1.84 Vs $1.52 Est.; Revenue $587.5M-$589.5M Vs $588.28M Est.
Portfolio Pulse from Benzinga Newsdesk
BlackLine has provided its financial outlook for Q4 2023 and FY23, expecting Q4 EPS to be $0.52-$0.58 and revenue to be $153M-$155M. For FY23, the company expects EPS to be $1.79-$1.84 and revenue to be $587.5M-$589.5M. These estimates are higher than the previous estimates of $0.41 EPS and $155M revenue for Q4, and $1.52 EPS and $588.28M revenue for FY23.
November 02, 2023 | 8:40 pm
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POSITIVE IMPACT
BlackLine's financial outlook for Q4 2023 and FY23 exceeds previous estimates, which could positively impact the company's stock price.
BlackLine's financial outlook for Q4 2023 and FY23 is higher than previous estimates. This positive financial outlook could lead to increased investor confidence and a potential rise in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100