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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 […]
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 […]
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 […]
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 […]
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 […]