Blackhawk Announces Third Quarter 2017 Financial Results

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Blackhawk Network (HAWK) PT Lowered to $46 at BofA/Merrill Lynch Following 3Q Release

October 12, 2017 8:54 AM EDT

BofA/Merrill Lynch lowered its price target on Blackhawk Network (NASDAQ: HAWK) to $46.00 (from $50.00) while maintaining a Neutral rating following the company's 3Q earnings release. 3Q adjusted EPS of $0.18 was $0.07 above consensus, and compared to the guidance range of $0.07-0.11. The beat came from... More

Blackhawk Network (HAWK) PT Lowered to $50 at Craig-Hallum

October 12, 2017 7:38 AM EDT

Craig-Hallum analyst Brad Berning lowered his price target on Blackhawk Network (NASDAQ: HAWK) to $50 but maintained a Buy rating following results.

Berning said contract renewals will large retailers could pressure AOR growth but this should be offset by margin expansion.

For an... More

Blackhawk Network (HAWK) Tops Q3 EPS by 7c

October 11, 2017 4:01 PM EDT

Blackhawk Network (NASDAQ: HAWK) reported Q3 EPS of $0.18, $0.07 better than the analyst estimate of $0.11. Revenue for the quarter came in at $419.3 million versus the consensus estimate of $434.6 million.

2017 Guidance

GAAP guidance includes the Cardpool gift card exchange and Grass Roots Meetings & Events businesses. Non-GAAP guidance excludes the Cardpool gift card exchange and Grass Roots Meetings & Events... More