BlackLine (BL) Projected to Post Earnings on Thursday

BlackLine (NASDAQ:BL) is projected to post 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 can check the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

BlackLine (NASDAQ:BL) last released its earnings results on Tuesday, August 4th. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.04. The firm had revenue of $187.82 million for the quarter, compared to the consensus estimate of $186.99 million. BlackLine had a return on equity of 20.89% and a net margin of 4.75%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.51 EPS. 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 Stock Performance

Shares of BL stock opened at $34.09 on Tuesday. The business has a fifty day moving average of $30.37 and a 200 day moving average of $33.00. BlackLine has a 1 year low of $24.70 and a 1 year high of $59.57. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 36.73, a price-to-earnings-growth ratio of 2.21 and a beta of 0.74.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. DA Davidson lowered BlackLine from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $30.00 to $23.00 in a report on Monday, September 28th. Scotiabank downgraded BlackLine to an “outperform” rating in a report on Tuesday, July 21st. Piper Sandler decreased their target price on BlackLine from $37.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. Wall Street Zen lowered BlackLine from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 25th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $36.00 price target on shares of BlackLine in a report on Wednesday, August 5th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $39.50.

Insiders Place Their Bets

In other BlackLine news, CAO Michelle D. Stalick sold 780 shares of BlackLine stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $33.65, for a total transaction of $26,247.00. Following the completion of the transaction, the chief accounting officer owned 34,712 shares in the company, valued at approximately $1,168,058.80. This trade represents a 2.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Therese Tucker sold 70,000 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $31.96, for a total value of $2,237,200.00. Following the completion of the transaction, the director directly owned 381,557 shares of the company’s stock, valued at approximately $12,194,561.72. This trade represents a 15.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 9.10% of the company’s stock.

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.