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Compared to Estimates, BlackLine (BL) Q3 Earnings: A Look at Key Metrics
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For the quarter ended September 2026, BlackLine (BL - Free Report) reported revenue of $193.4 million, up 8.5% over the same period last year. EPS came in at $0.64, compared to $0.51 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $194.14 million, representing a surprise of -0.38%. The company delivered an EPS surprise of +1.59%, with the consensus EPS estimate being $0.63.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how BlackLine performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Billings: $170.9 million versus $175.24 million estimated by three analysts on average.
Total customers: 4,316 compared to the 4,265 average estimate based on two analysts.
Retention Rate: 103% versus the two-analyst average estimate of 104%.
Revenues- Professional services: $10.27 million versus $10.33 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.9% change.
Revenues- Subscription and support: $183.13 million compared to the $183.49 million average estimate based on three analysts. The reported number represents a change of +8.9% year over year.
Gross profit- Professional services: $2.26 million compared to the $2.66 million average estimate based on two analysts.
Gross profit- Subscription and support: $144.23 million versus $146 million estimated by two analysts on average.
Shares of BlackLine have returned +21.4% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, BlackLine (BL) Q3 Earnings: A Look at Key Metrics
For the quarter ended September 2026, BlackLine (BL - Free Report) reported revenue of $193.4 million, up 8.5% over the same period last year. EPS came in at $0.64, compared to $0.51 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $194.14 million, representing a surprise of -0.38%. The company delivered an EPS surprise of +1.59%, with the consensus EPS estimate being $0.63.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how BlackLine performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for BlackLine here>>>
Shares of BlackLine have returned +21.4% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.