BlackSky Technology (BKSY) Scheduled to Post Earnings on Wednesday

BlackSky Technology (NYSE:BKSY) is scheduled to release 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.Investors that wish to listen to the company’s conference call can do so using this link.

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

Shares of 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 debt-to-equity ratio of 0.90, a current ratio of 2.89 and a quick ratio of 2.89. The business’s 50 day moving average is $1.36 and its two-hundred day moving average is $1.33.

Analysts Set New Price Targets

BKSY has been the topic of several analyst reports. Benchmark reissued a “buy” rating and set a $3.00 target price on shares of BlackSky Technology in a research report on Thursday, March 14th. HC Wainwright assumed coverage on shares of BlackSky Technology in a research note on Wednesday, April 3rd. They set a “buy” rating and a $2.50 price objective for the company.

About BlackSky Technology

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.