Black Knight Financial Services Inc (BKFS) Releases Earnings Results, Beats Expectations By $0.01 EPS

Black Knight Financial Services Inc (BKFS) reported quarterly earnings results on Wednesday, Jul-20-2016. The company said it had a profit of $0.29 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.28. The company posted revenue of $255.50 million in the period, compared to analysts expectations of $252.20 million. The company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.

Black Knight Financial Services Inc closed down -0.13 points or -0.34% at $38.39 with 1,13,486 shares getting traded on Monday. Post opening the session at $38.58, the shares hit an intraday low of $38.34 and an intraday high of $38.78 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Jun 30, 2016, David K Hunt (director) sold 10,627 shares at $36.50 per share price. According to the SEC, on Jun 24, 2016, Anthony Orefice (Chief Operating Officer) sold 42,125 shares at $35.00 per share price. On Jun 24, 2016, William P Ii Foley (Chairman) sold 46,659 shares at $34.35 per share price, according to the Form-4 filing with the securities and exchange commission.

Black Knight Financial Services Inc. is a holding company. The Company through its subsidiaries provides integrated technology workflow automation and data and analytics to the mortgage industry. The Company operates through two segments: Technology and Data and Analytics. The Company’s Technology segment offers software and hosting solutions that support loan servicing which includes the core mortgage servicing specialty mortgage servicing including loss mitigation and default workflow management loan origination and settlement services. Its Data and Analytics segment offers solutions support its technology products in the mortgage real estate and capital markets industries. These solutions include property ownership data lien data servicing data automated valuation models collateral risk scores prepayment and default models lead generation and other data solutions. Its subsidiaries include Black Knight InfoServ LLC and Black Knight Financial Services LLC.

Black Knight Financial Services Inc

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