Blackbaud Reiterates FY24 Guidance For GAAP Revenue Of $1.164B - $1.194B (Est $1.182B) , Adj EPS Of $4.12 - $4.38 (Est $4.26)
Portfolio Pulse from Benzinga Newsdesk
Blackbaud has reiterated its FY24 guidance, projecting GAAP revenue between $1.164 billion and $1.194 billion, and adjusted EPS between $4.12 and $4.38. These estimates are in line with market expectations.
July 30, 2024 | 8:39 pm
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Blackbaud has reiterated its FY24 guidance, projecting GAAP revenue between $1.164 billion and $1.194 billion, and adjusted EPS between $4.12 and $4.38. These estimates are in line with market expectations.
The reaffirmation of guidance suggests stability and predictability in Blackbaud's financial performance. Since the projections align with market expectations, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100