JACKSONVILLE, Fla. (AP) _ Black Knight Inc. (BKI) on Monday reported third-quarter earnings of $53.4 million.
On a per-share basis, the Jacksonville, Florida-based company said it had net income of 34 cents. Earnings, adjusted for one-time gains and costs, came to 60 cents per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The provider of data and analytics for the mortgage and finance industries posted revenue of $378 million in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $371.1 million.
Black Knight expects full-year earnings in the range of $2.34 to $2.36 per share, with revenue expected to be $1.47 billion.
Black Knight shares have fallen 20% since the beginning of the year. The stock has dropped 26% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKI at https://www.zacks.com/ap/BKI
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