Recap: Blackbaud Q4 Earnings
Portfolio Pulse from Benzinga Insights
Blackbaud (NASDAQ:BLKB) reported Q4 earnings with an EPS of $1.14, beating estimates by 8.57% and showing a revenue increase of $20.25 million from the previous year. This follows a pattern of exceeding EPS estimates in previous quarters, with a notable share price increase of 8.47% after last quarter's earnings beat.
February 12, 2024 | 9:15 pm
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Blackbaud reported a strong Q4 earnings beat with an EPS of $1.14, exceeding estimates and showing significant year-over-year revenue growth.
Blackbaud's Q4 earnings beat and consistent history of exceeding EPS estimates, coupled with a significant revenue increase from the previous year, suggest a positive short-term impact on its stock price. The company's past performance, including a share price increase following last quarter's earnings beat, supports the expectation of continued positive momentum.
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