BlackLine, Inc. (BL) Analysts See $-0.09 EPS

February 13, 2018 - By Michael Collier

 BlackLine, Inc. (BL) Analysts See $ 0.09 EPS

Analysts expect BlackLine, Inc. (NASDAQ:BL) to report $-0.09 EPS on February, 22.They anticipate $0.03 EPS change or 25.00 % from last quarter’s $-0.12 EPS. After having $-0.19 EPS previously, BlackLine, Inc.’s analysts see -52.63 % EPS growth. The stock decreased 1.10% or $0.37 during the last trading session, reaching $33.13. About 425,749 shares traded or 26.27% up from the average. BlackLine, Inc. (NASDAQ:BL) has 0.00% since February 13, 2017 and is . It has underperformed by 16.70% the S&P500.

BlackLine, Inc. (NASDAQ:BL) Ratings Coverage

Among 7 analysts covering BlackLine (NASDAQ:BL), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. BlackLine had 8 analyst reports since November 22, 2016 according to SRatingsIntel. The stock of BlackLine, Inc. (NASDAQ:BL) earned “Overweight” rating by KeyBanc Capital Markets on Friday, November 17. JMP Securities upgraded the stock to “Market Outperform” rating in Thursday, November 16 report. The firm has “Outperform” rating given on Tuesday, November 22 by Robert W. Baird. As per Tuesday, November 22, the company rating was initiated by JP Morgan. The stock has “Overweight” rating by Pacific Crest on Tuesday, November 22. Raymond James initiated the shares of BL in report on Tuesday, November 22 with “Outperform” rating. The rating was initiated by Goldman Sachs with “Neutral” on Tuesday, November 22.

BlackLine, Inc. provides financial accounting close solutions delivered as a Software as a Service in the United States and internationally. The company has market cap of $1.75 billion. The Company’s solutions enables its clients to address various aspects of their financial closing process, including account reconciliations, variance analysis of account balances, and journal entry capabilities, as well as a range of data matching capabilities. It currently has negative earnings. The company's solutions comprise reconciliation management solution that consists of account reconciliations, transaction matching, consolidation integrity manager, and daily reconciliations; and a framework for the reconciliation process, which allows users to build integrity checks and automation into the entire end-to-end work flow.

More recent BlackLine, Inc. (NASDAQ:BL) news were published by: Globenewswire.com which released: “BlackLine Announces Date for Fourth Quarter and Full Year 2017 Earnings …” on January 17, 2018. Also Gurufocus.com published the news titled: “Barton Investment Management Buys BlackLine Inc, Sells American Express Co …” on January 18, 2018. Prnewswire.com‘s news article titled: “Fortune Magazine Names BlackLine One Of The Country’s Best Workplaces In …” with publication date: January 19, 2018 was also an interesting one.

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