BlackLine (BL) Set to Post Quarterly Earnings on Thursday

BlackLine (NASDAQ:BL) is projected to issue its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect BlackLine to post earnings of $0.6290 per share and revenue of $194.17 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

BlackLine (NASDAQ:BL) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.04. BlackLine had a return on equity of 20.89% and a net margin of 4.75%. The business had revenue of $187.82 million during the quarter, compared to the consensus estimate of $186.99 million. During the same period in the prior year, the company posted $0.51 EPS. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. On average, analysts expect BlackLine to post $0.99 EPS for the current fiscal year and $1.19 EPS for the next fiscal year.

BlackLine Trading Down 2.2%

Shares of BL opened at $33.34 on Wednesday. The firm has a market cap of $1.94 billion, a P/E ratio of 37.05, a price-to-earnings-growth ratio of 2.23 and a beta of 0.67. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.72 and a quick ratio of 1.72. BlackLine has a 1 year low of $24.70 and a 1 year high of $59.57. The company has a 50 day simple moving average of $30.40 and a two-hundred day simple moving average of $32.90.

Insider Activity at BlackLine

In other news, Director Therese Tucker sold 70,000 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $31.96, for a total transaction of $2,237,200.00. Following the sale, the director directly owned 381,557 shares of the company’s stock, valued at $12,194,561.72. This represents a 15.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Michelle D. Stalick sold 780 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $33.65, for a total value of $26,247.00. Following the transaction, the chief accounting officer owned 34,712 shares of the company’s stock, valued at $1,168,058.80. This represents a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 9.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on BL shares. Wall Street Zen lowered shares of BlackLine from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 25th. Scotiabank downgraded shares of BlackLine to an “outperform” rating in a report on Tuesday, July 21st. DA Davidson cut shares of BlackLine from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $30.00 to $23.00 in a research note on Monday, September 28th. Robert W. Baird set a $35.00 price target on shares of BlackLine in a research note on Wednesday, August 5th. Finally, Piper Sandler dropped their price objective on shares of BlackLine from $37.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $39.50.

About BlackLine

BlackLine, Inc provides cloud-based financial operations and accounting automation software for businesses. Its platform is designed to help accounting and finance teams manage, standardize and automate processes that traditionally rely on spreadsheets, manual data entry and disconnected systems.

The company’s products support financial close and consolidation, account reconciliations, transaction matching, intercompany accounting, accounts receivable automation and invoice-to-cash workflows.