The market expects Blackbaud (BLKB) to ship a year-over-year decline in earnings on larger revenues
The market expects Blackbaud (BLKB) to ship a year-over-year decline in earnings on larger revenues when it experiences outcomes for the quarter ended September 2019. This widely-known consensus outlook is necessary in assessing the corporate’s earnings image, however a strong issue that may affect its near-term inventory worth is how the precise outcomes examine to those estimates.
The earnings report, which is anticipated to be launched on October 28, 2019, may assist the inventory transfer larger if these key numbers are higher than expectations. Alternatively, in the event that they miss, the inventory could transfer decrease.
Whereas the sustainability of the rapid worth change and future earnings expectations will principally rely on administration’s dialogue of enterprise circumstances on the earnings call, it is value handicapping the chance of a constructive EPS shock.
Zacks Consensus Estimate
This software program and companies supplier within the nonprofit sector is anticipated to publish quarterly earnings of $0.50 per share in its upcoming report, which represents a year-over-year change of…