Backblaze Inc <BLZE.OQ> expected to post a loss of 19 cents a share - Earnings Preview
Backblaze Inc BLZE.OQ BLZE.O is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025
The San Mateo California-based company is expected to report a 14.3% increase in revenue to $34.241 million from $29.97 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.
LSEG's mean analyst estimate for Backblaze Inc is for a loss of 19 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had risen by about 2.1% in the last three months.
Wall Street's median 12-month price target for Backblaze Inc is $11.00, above its last closing price of $4.54.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | -0.23 | -0.24 | -0.30 | Missed | -25.9 |
Sep. 30 2024 | -0.24 | -0.24 | -0.29 | Missed | -20 |
Jun. 30 2024 | -0.26 | -0.27 | -0.25 | Beat | 6.3 |
Mar. 31 2024 | -0.29 | -0.29 | -0.14 | Beat | 51.4 |
Dec. 31 2023 | -0.37 | -0.37 | -0.30 | Beat | 18.9 |
Sep. 30 2023 | -0.37 | -0.37 | -0.44 | Missed | -17.9 |
Jun. 30 2023 | -0.43 | -0.42 | -0.41 | Beat | 3.5 |
Mar. 31 2023 | -0.43 | -0.43 | -0.50 | Missed | -14.9 |
This summary was machine generated May 5 at 20:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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