Earnings Outlook For Blackbaud
Portfolio Pulse from Benzinga Insights
Blackbaud (NASDAQ:BLKB) is scheduled to release its quarterly earnings report on Monday, 2024-02-12, with analysts estimating an EPS of $1.05. Historical data shows variable stock price reactions to past earnings performances. Shares are currently trading at $80.67, reflecting a 31.47% increase over the last 52 weeks. Investors are keenly awaiting the report and guidance for future growth.
February 09, 2024 | 2:01 pm
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Blackbaud is expected to announce its quarterly earnings with an anticipated EPS of $1.05. Historical performance and current share price suggest investor optimism.
Given Blackbaud's history of beating EPS estimates and the subsequent positive reactions in its stock price, there is a strong likelihood of a positive short-term impact on BLKB's stock price if the company beats the EPS estimate again and provides positive guidance. The historical data provided shows a pattern where earnings beats have led to stock price increases, suggesting investor sensitivity to these announcements.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100