Blend Labs (BLND) Reports Break-Even Earnings for Q4

Group 1 - Blend Labs (BLND) reported break-even quarterly earnings per share, compared to a loss of $0.07 per share a year ago, representing an earnings surprise of -100% [1] - The company posted revenues of $41.41 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.49%, and compared to year-ago revenues of $36.1 million [2] - Over the last four quarters, Blend Labs has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2 - The stock has lost about 13.5% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates being breakeven on $41.9 million in revenues for the coming quarter and $0.03 on $190 million in revenues for the current fiscal year [4][7] - The Zacks Industry Rank indicates that the Internet - Software sector is currently in the top 33% of over 250 Zacks industries, suggesting a favorable industry outlook [8]