Blackbaud (BLKB) to Release Earnings on Wednesday
Blackbaud (NASDAQ:BLKB) is set to release its Q214 earnings data on Wednesday, July 30th. Analysts expect Blackbaud to post earnings of $0.28 per share and revenue of $133.95 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Blackbaud (NASDAQ:BLKB) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 by $0.04. The company had revenue of $127.60 million for the quarter, compared to the consensus estimate of $124.13 million. On average, analysts expect Blackbaud to post $1.21 EPS for the current fiscal year and $1.34 EPS for the next fiscal year.
Shares of Blackbaud (NASDAQ:BLKB) traded up 1.16% during mid-day trading on Tuesday, hitting $34.82. The stock had a trading volume of 45,177 shares. Blackbaud has a 52-week low of $29.42 and a 52-week high of $42.23. The stock has a 50-day moving average of $35.28 and a 200-day moving average of $33.50. The company has a market cap of $1.571 billion and a P/E ratio of 49.96.
BLKB has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Blackbaud from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 1st. They now have a $39.50 price target on the stock.
Blackbaud, Inc is a global provider of software and related services designed specifically for nonprofit organizations.
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