Recap: Blend Labs Q3 Earnings

Blend Labs (NYSE:BLND) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM. Here’s what…

Blend Labs (NYSE:BLND) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Blend Labs reported in-line EPS of $-0.09 versus an estimate of $-0.09.

Revenue was down $14.76 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 17.21% increase in the share price the next day.

Here’s a look at Blend Labs’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.13 -0.18 -0.16
EPS Actual -0.09 -0.15 -0.21 -0.19
Revenue Estimate 40.11M 33.80M 44.92M 50.44M
Revenue Actual 42.81M 37.34M 42.78M 55.35M

To track all earnings releases for Blend Labs visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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