Blackbaud (BLKB) Projected to Post Quarterly Earnings on Wednesday

Blackbaud (NASDAQ:BLKB - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Wednesday, April 30th. Analysts expect Blackbaud to post earnings of $0.90 per share and revenue of $268.53 million for the quarter. Blackbaud has set its FY 2025 guidance at 4.160-4.350 EPS.

Blackbaud (NASDAQ:BLKB - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The technology company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.08 by ($0.50). Blackbaud had a positive return on equity of 26.30% and a negative net margin of 24.83%. The business had revenue of $302.23 million for the quarter, compared to analysts' expectations of $303.41 million. On average, analysts expect Blackbaud to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Blackbaud Trading Up 0.5 %

Shares of BLKB stock traded up $0.34 during mid-day trading on Friday, reaching $63.77. The company's stock had a trading volume of 235,766 shares, compared to its average volume of 234,892. The company has a quick ratio of 0.68, a current ratio of 0.78 and a debt-to-equity ratio of 7.40. The firm has a market capitalization of $3.14 billion, a PE ratio of -10.81 and a beta of 1.04. The company's 50 day simple moving average is $63.51 and its 200-day simple moving average is $74.29. Blackbaud has a 12-month low of $58.05 and a 12-month high of $88.95.

Analyst Ratings Changes

Separately, Robert W. Baird dropped their target price on Blackbaud from $80.00 to $76.00 and set a "neutral" rating on the stock in a report on Wednesday, February 19th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $85.33.

Blackbaud Company Profile

Blackbaud, Inc provides cloud software solutions to nonprofits, foundations, education institutions, and healthcare organizations in the United States and internationally. The company offers fundraising and engagement solutions, such as Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud eTapestry, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving, Blackbaud Fundraiser Performance Management, Blackbaud Guided Fundraising, and Blackbaud Altru; and financial management solutions comprising Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid and Billing Management.