Blackbaud (BLKB) Q1 Earnings and Revenues Beat Estimates

Core Viewpoint - Blackbaud reported quarterly earnings of $0.96 per share, exceeding the Zacks Consensus Estimate of$ 0.90 per share, and showing a slight increase from $0.93 per share a year ago, indicating a 6.67% earnings surprise [1] Financial Performance - The company posted revenues of$ 270.66 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.92%, but down from $279.25 million year-over-year [2] - Over the last four quarters, Blackbaud has exceeded consensus EPS estimates two times and topped revenue estimates once [2] Stock Performance - Blackbaud shares have declined approximately 13.3% since the beginning of the year, compared to a 5.5% decline in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 1.07 on revenues of $276.75 million, and for the current fiscal year, it is$ 4.20 on revenues of $1.12 billion [7] - The trend of earnings estimate revisions for Blackbaud is mixed, which could change following the recent earnings report [6] Industry Context - The Computer - Software industry, to which Blackbaud belongs, is currently ranked in the top 31% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]