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Compared to Estimates, BlackLine (BL) Q1 Earnings: A Look at Key Metrics
BLBlackLine(BL) Zacks Investment Research·2024-05-07 23:31

BlackLine (BL) reported 157.46millioninrevenueforthequarterendedMarch2024,representingayearoveryearincreaseof13.3157.46 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 13.3%. EPS of 0.54 for the same period compares to 0.34ayearago.Thereportedrevenuerepresentsasurpriseof+1.560.34 a year ago.The reported revenue represents a surprise of +1.56% over the Zacks Consensus Estimate of 155.05 million. With the consensus EPS estimate being $0.47, the EPS surprise was +14.89%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...