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Recap: BlackLine Q4 Earnings

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.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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