BlackSky Technology (BKSY) to Release Earnings on Wednesday

BlackSky Technology (NYSE:BKSY) will be releasing its earnings data before the market opens on Wednesday, May 8th. Analysts expect BlackSky Technology to post earnings of ($0.08) per share for the quarter. BlackSky Technology has set its FY 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

BlackSky Technology (NYSE:BKSY) last posted its earnings results on Wednesday, February 28th. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.04. The firm had revenue of $35.51 million for the quarter, compared to analysts’ expectations of $26.13 million. BlackSky Technology had a negative net margin of 57.06% and a negative return on equity of 75.79%. On average, analysts expect BlackSky Technology to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

BlackSky Technology Trading Down 1.6 %

NYSE BKSY opened at $1.26 on Monday. The firm’s fifty day moving average price is $1.34 and its two-hundred day moving average price is $1.33. BlackSky Technology has a fifty-two week low of $1.04 and a fifty-two week high of $2.37. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 0.90.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Benchmark reaffirmed a “buy” rating and set a $3.00 target price on shares of BlackSky Technology in a research note on Thursday, March 14th. HC Wainwright began coverage on shares of BlackSky Technology in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $2.50 price objective on the stock.

BlackSky Technology Company Profile

BlackSky Technology Inc provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems for government and commercial customers in North America, the Middle East, the Asia Pacific, and internationally.