BlackSky Technology (BKSY) Scheduled to Post Earnings on Wednesday

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

BlackSky Technology (NYSE:BKSY) last posted its quarterly earnings results on Wednesday, February 28th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.04. The company had revenue of $35.51 million for the quarter, compared to analysts’ expectations of $26.13 million. BlackSky Technology had a negative return on equity of 75.79% and a negative net margin of 57.06%. 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 Stock Down 3.6 %

NYSE:BKSY opened at $1.22 on Wednesday. BlackSky Technology has a 1 year low of $1.04 and a 1 year 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. The stock has a 50-day simple moving average of $1.36 and a 200-day simple moving average of $1.33.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BKSY. Benchmark reaffirmed a “buy” rating and issued a $3.00 price target on shares of BlackSky Technology in a report on Thursday, March 14th. HC Wainwright assumed coverage on shares of BlackSky Technology in a report on Wednesday, April 3rd. They issued a “buy” rating and a $2.50 target price for the company.

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.