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BlackLine (NASDAQ:BL – Get Rating) was upgraded by equities researchers at Citigroup from a “sell” rating to a “neutral” rating in a research note issued on Monday, The Fly reports. Several other research analysts have also commented on the company. Piper Sandler reduced their price target on BlackLine from $64.00 to $55.00 in a report […]
BlackLine (NASDAQ:BL – Get Rating) updated its FY23 earnings guidance on Thursday. The company provided earnings per share guidance of $1.23-1.29 for the period, compared to the consensus earnings per share estimate of $0.92. The company issued revenue guidance of $586-596 million, compared to the consensus revenue estimate of $591.07 million. BlackLine also updated its […]
BlackLine (NASDAQ:BL – Get Rating) had its price objective lowered by analysts at Truist Financial from $65.00 to $60.00 in a research report issued on Monday, The Fly reports. Truist Financial’s price objective indicates a potential upside of 11.38% from the company’s previous close. A number of other research firms also recently weighed in on […]
BlackLine (NASDAQ:BL – Get Rating) issued an update on its second quarter 2023 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.27-$0.29 for the period, compared to the consensus earnings per share estimate of $0.19. The company issued revenue guidance of $143.00 million-$145.00 million, compared to the consensus revenue estimate […]
BlackLine, Inc. (NASDAQ:BL – Get Rating) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 4,130,000 shares, a drop of 8.0% from the March 31st total of 4,490,000 shares. Currently, 8.5% of the shares of the company are sold short. […]