Blackbaud, Inc. (NASDAQ:BLKB) provider of cloud software solutions to nonprofits, is expected to report third quarter earnings results, after market close, on Wednesday 28th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.70 per share.
Looking ahead, the full year income are expected at $ 2.80 per share on the revenues of $ 912.58 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 930.00 million ~ $ 955.00 million, where as bottomline are predicted in a range of $ 2.20 ~ $ 2.35 per share
Click Here For More Historical Outlooks Of Blackbaud, Inc.
Previous Quarter Performance
Blackbaud, Inc. unveiled income for the second quarter of $ 0.85 per share, from the revenue of $ 231.99 million. The quarterly earnings swell 28.79 percent while revenues grew 2.49 percent compared with the same quarter last year.
Wall street analysts are predicting, BLKB to report 2Q20 income of $ 0.50 per share from revenue of $ 217.74 million. The bottom line results beat street analysts by $ 0.35 or 70.00 percent, at the same time, top line results outshined analysts by $ 14.25 million or 6.54 percent.
Stock Performance
Shares of Blackbaud, Inc. traded up $ 0.52 or 0.90 percent on Tuesday, reaching $ 58.49 with volume of 472.40 thousand shares. Blackbaud, Inc. has traded high as $ 58.81 and has cracked $ 57.03 on the downward trend
According to the previous trading day, closing price of $ 58.49, representing a 51.67 % increase from the 52 week low of $ 38.22 and a 37.33 % decrease over the 52 week high of $ 92.50.
The company has a market capital of $ 2.90 billion and is part of the Technology sector and Software – Application industry.
Blackbaud, Inc. provides cloud software solutions to nonprofits, foundations, companies, education institutions, healthcare organizations, individual change agents, and other charitable giving entities. The company offers fundraising and relationship management solutions and services, including Blackbaud Raisers Edge NXT, Blackbaud CRM, Blackbaud Luminate CRM, Blackbaud eTapestry, Blackbaud TeamRaiser, everydayhero, Blackbaud Peer-to-Peer Fundraising, and Blackbaud Guided Fundraising; and marketing and engagement solutions, such as Blackbaud Luminate Online, Blackbaud Online Express, Blackbaud NetCommunity, Blackbaud Attentive.ly, and Blackbaud School Website System.
