BlackLine (NASDAQ:BL) reported its Q4 earnings results on Thursday, February 10, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
BlackLine missed estimated earnings by 20.0%, reporting an EPS of $0.08 versus an estimate of $0.1.
Revenue was up $19.62 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13, which was followed by a 0.29% increase in the share price the next day.
Here's a look at BlackLine's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.08 | 0.05 | 0.08 |
| EPS Actual | 0.24 | 0.15 | 0.11 | 0.21 |
| Revenue Estimate | 107.03M | 101.06M | 96.09M | 91.60M |
| Revenue Actual | 109.40M | 102.12M | 98.86M | 95.71M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
BlackLine management provided guidance for their next quarter, expecting earnings between $-0.1 and $-0.07 per share for the next quarter.
This represents a -206.25% in quarter-over-quarter growth for BlackLine, a bearish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
