Blackbaud Sees 2024 Adj. EPS $4.12-$4.38 vs $4.29 Est., Non-GAAP Revenue $1.164B-$1.194B vs $1.18B Est.
Portfolio Pulse from Benzinga Newsdesk
Blackbaud forecasts its 2024 adjusted EPS to be between $4.12 and $4.38, compared to the estimated $4.29. Its non-GAAP revenue is expected to range from $1.164 billion to $1.194 billion, against an estimate of $1.18 billion.
April 30, 2024 | 8:15 pm
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Blackbaud forecasts its 2024 adjusted EPS to be slightly below the consensus estimate, with non-GAAP revenue projections also near expectations.
Blackbaud's 2024 earnings and revenue projections are closely aligned with analyst estimates, indicating a stable outlook. The slight variance in EPS and revenue forecasts suggests a neutral impact on the stock price in the short term, as the market may have already anticipated these figures. The importance is rated high due to the direct impact on investor expectations and future company performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100