Q4 2024 EPS Estimates for Blackline Safety Corp. (CVE:BLN) Cut by B. Riley

Blackline Safety Corp. (CVE:BLN) – B. Riley cut their Q4 2024 EPS estimates for Blackline Safety in a research report issued on Friday, June 14th. B. Riley analyst R. Sharma now anticipates that the company will post earnings of $0.02 per share for the quarter, down from their prior estimate of $0.04. The consensus estimate for Blackline Safety’s current full-year earnings is ($0.05) per share.

Blackline Safety (CVE:BLN) last released its quarterly earnings results on Thursday, June 13th. The company reported C($0.06) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.02). The firm had revenue of C$31.58 million for the quarter, compared to the consensus estimate of C$30.62 million.

A number of other brokerages have also commented on BLN. TD Securities boosted their price objective on shares of Blackline Safety from C$5.50 to C$6.00 and gave the stock a “sector perform” rating in a research report on Monday, March 18th. National Bankshares set a C$6.00 price objective on shares of Blackline Safety and gave the stock a “buy” rating in a research report on Thursday. Finally, Canaccord Genuity Group boosted their price objective on shares of Blackline Safety from C$5.25 to C$5.50 and gave the stock a “speculative buy” rating in a research report on Friday.

Blackline Safety Stock Down 0.3 %

Blackline Safety stock opened at C$8.92 on Monday. The stock has a market capitalization of C$484.79 million and a PE ratio of -42.88. Blackline Safety has a twelve month low of C$4.60 and a twelve month high of C$9.09. The company has a quick ratio of 3.09, a current ratio of 3.72 and a debt-to-equity ratio of 2.72. The company has a 50 day moving average of C$8.92 and a 200-day moving average of C$8.92.

Blackline Safety Company Profile

Blackline Safety Corp., a global connected safety technology company, develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, Australia, New Zealand, and internationally. The company offers connected safety devices, including G7c, a safety wearable for indoor and outdoor locations covered by 3G wireless; G7x, a safety wearable for remote locations; G7 EXO, a cloud connected area monitor; G7 Dock, an accessory product used to calibrate G7c and G7x devices; standard cartridge for lone worker monitoring; diffusion cartridge for gas detection; pump cartridge for confined space entry and leak check gas detection services; and cloud-connected sensors that helps to customize gas detectors at work environments, as well as automated industrial contact tracing solutions.