BlackLine Earnings: Beating Expectations Amidst Sector Uncertainty
Update: 2025-11-05
Description
BlackLine, a financial automation software company, is set to report its earnings on November 5th, with analysts predicting a 7.3% increase in revenue year over year, reaching $178.1 million. Despite a slight slowdown in growth and a dip in customer numbers, BlackLine has a strong history of surpassing expectations, consistently beating estimates by an average of 1% over the past two years. Analysts maintain their estimates, indicating confidence in the company's performance. BlackLine's stock has risen by 9.1% over the last month, outperforming the sector's average decline of 4.2%, and is currently trading below its average analyst price target of $61.83.
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