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BlackLine (NASDAQ:BL) Posts Quarterly Earnings Results, Beats Expectations By $0.09 EPS

BlackLine (NASDAQ:BL – Get Rating) issued its quarterly earnings data on Thursday. The technology company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.09, MarketWatch Earnings reports. BlackLine had a negative return on equity of 7.63% and a negative net margin of 27.05%. The business had revenue […]
United States Peter Hirsch Thomas Unterman Advisors Asset Management Inc Securities Exchange Commission Virtu Financial

JPMorgan Chase & Co. Cuts BlackLine (NASDAQ:BL) Price Target to $70.00

BlackLine (NASDAQ:BL – Get Rating) had its price objective reduced by equities research analysts at JPMorgan Chase & Co. from $75.00 to $70.00 in a note issued to investors on Friday, The Fly reports. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 12.87% from the stock’s previous close. Several other brokerages have […]
United States Peter Hirsch Thomas Unterman Robertw Baird Raymond James Financial Services Advisors Inc Securities Exchange Commission

BlackLine (NASDAQ:BL) Issues FY22 Earnings Guidance

BlackLine (NASDAQ:BL – Get Rating) issued an update on its FY22 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.08-0.11 for the period, compared to the consensus earnings per share estimate of $0.10. The company issued revenue guidance of $524-528 million, compared to the consensus revenue estimate of $522.87 million.BlackLine […]
United States Peter Hirsch Thomas Unterman Robertw Baird Marshall Wace Ltd Zurich

Recent Investment Analysts' Ratings Changes for BlackLine (BL)

BlackLine (NASDAQ: BL) recently received a number of ratings updates from brokerages and research firms: 4/20/2022 – BlackLine had its price target lowered by analysts at JMP Securities from $145.00 to $112.00. They now have a “market outperform” rating on the stock. 4/13/2022 – BlackLine was downgraded by analysts at StockNews.com from a “hold” rating […]
United States Los Angeles Peter Hirsch Thomas Unterman Conestoga Capital Advisors Baillie Gifford Co

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StockNews.com Lowers BlackLine (NASDAQ:BL) to Sell

BlackLine (NASDAQ:BL – Get Rating) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday. BL has been the subject of several other reports. Piper Sandler reduced their price objective on BlackLine from $130.00 to $112.00 and set an “overweight” rating for […]
United Kingdom Peter Hirsch Thomas Unterman Piper Sandler Eagle Asset Management Inc Cambridge Investment Research Advisors Inc

BlackLine (NASDAQ:BL) Upgraded to Hold by Zacks Investment Research

BlackLine (NASDAQ:BL – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday, Zacks.com reports. According to Zacks, “BlackLine, Inc. is a provider of cloud-based solutions for Finance & Accounting which centralize and streamline financial close operations and other key F&A processes […]
United States Los Angeles Peter Hirsch Thomas Unterman Robertw Baird Walleye Capital

Zacks Investment Research Lowers BlackLine (NASDAQ:BL) to Sell

Zacks Investment Research downgraded shares of BlackLine (NASDAQ:BL – Get Rating) from a hold rating to a sell rating in a research report released on Wednesday morning, Zacks.com reports. According to Zacks, “BlackLine, Inc. is a provider of cloud-based solutions for Finance & Accounting which centralize and streamline financial close operations and other key F&A […]
United States Thomson Reuter Los Angeles Peter Hirsch Thomas Unterman Robertw Baird

BlackLine (NASDAQ:BL) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of BlackLine (NASDAQ:BL – Get Rating) from a sell rating to a hold rating in a report published on Thursday morning, Zacks.com reports. According to Zacks, “BlackLine, Inc. is a provider of cloud-based solutions for Finance & Accounting which centralize and streamline financial close operations and other key F&A processes […]
United States United Kingdom Los Angeles Peter Hirsch Thomas Unterman Piper Sandler

BlackLine, Inc. (NASDAQ:BL) Expected to Post Quarterly Sales of $119.42 Million

Wall Street brokerages expect that BlackLine, Inc. (NASDAQ:BL – Get Rating) will announce $119.42 million in sales for the current fiscal quarter, Zacks Investment Research reports. Six analysts have issued estimates for BlackLine’s earnings, with the highest sales estimate coming in at $119.74 million and the lowest estimate coming in at $119.00 million. BlackLine posted […]
Peter Hirsch Thomas Unterman Robertw Baird Securities Exchange Commission Confluence Wealth Services Inc Zacks Investment Research

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