Recap: BlackLine Q4 Earnings

BlackLine 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.

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.

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).

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.

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