Black Knight, Inc. (NYSE:BKI) is reporting third quarter financial results on Monday 9th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, BKI is expected to report 3Q20 income of $ 0.49 per share from revenue of $ 299.38 million.
For the full year, analysts anticipate top line of $ 1191.98 million, while looking forward to income of $ 1.98 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,170.00 million ~ $ 1,184.00 million, where as bottomline are predicted in a range of $ 1.94 ~ $ 1.99 per share
Click Here For More Historical Outlooks Of Black Knight, Inc.
Previous Quarter Performance
Black Knight, Inc. disclosed income for the second quarter of $ 0.52 per share, from the revenue of $ 293.30 million. The quarterly earnings improved 6.12 percent while revenues reduced 0.98 percent compared with the same quarter last year.
Wall street analysts are predicting, BKI to report 2Q20 income of $ 0.47 per share from revenue of $ 290.66 million. The bottom line results beat street analysts by $ 0.05 or 10.64 percent, at the same time, top line results outshined analysts by $ 2.64 million or 0.91 percent.
Stock Performance
On Friday, shares of Black Knight, Inc. has traded high as $ 95.26 and has cracked $ 93.74 on the downward trend, reaching $ 94.39 with volume of 612.70 thousand shares.
According to the previous trading day, closing price of $ 94.39, representing a 89.06 % increase from the 52 week low of $ 50.01 and a 2.72 % decrease over the 52 week high of $ 97.19.
The company has a market capital of $ 14.82 billion and is part of the Technology sector and Software – Infrastructure industry.
Recent Analyst recommendations
- On 29th September 2020, initiated by Bank of America at Buy rating, with $ 97.00 target price.
Conference Call
Black Knight, Inc. will be hosting a conference call at 8:30 AM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.blackknightinc.com
Black Knight, Inc. provides integrated software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital market verticals in the United States. Its Software Solutions segment offers software and hosting solutions comprises MSP, a software as a service application platform for mortgage and home equity loans that automates various areas of loan servicing; Bankruptcy / Foreclosure solutions for managing and automating a range of different workflow processes involving distressed and non-performing loans; Invoicing, a Web-based solution that helps servicers to save time and eliminate errors by automating billing and invoice process; and Empower, a loan origination system used by lenders to originate mortgages, home equity loans, and lines of credit.
