Why Is Blackbaud (BLKB) Down 5.7% Since Last Earnings Report?

Core Viewpoint - Blackbaud's shares have decreased by approximately 5.7% since the last earnings report, although this performance has outpaced the S&P 500 [1] Group 1: Earnings Report and Estimates - Estimates for Blackbaud have trended downward over the past month, with the consensus estimate shifting by -28.21% [2] - The stock has received a Zacks Rank of 5, indicating a "Strong Sell" recommendation, suggesting expectations of below-average returns in the coming months [4] Group 2: VGM Scores - Blackbaud currently holds a subpar Growth Score of D, while its Momentum Score is rated A, indicating better performance in momentum [3] - The stock has been assigned an F grade on the value side, placing it in the bottom 20% quintile for this investment strategy, resulting in an overall aggregate VGM Score of D [3]