RTTNews | Aug 5, 2021 08:59AM EDT

08:58 Thursday, August 5, 2021 (RTTNews.com) - Black Knight, Inc. (BKI), a provider of software, data and analytics solutions, reported Thursday that its second-quarter net earnings attributable was $39.7 million, an increase of 2 percent from last year's $39.1 million. Adjusted earnings per share were $0.25, compared to $0.26 last year.

Adjusted net earnings were $88.6 million or $0.57 per share, compared to $78.3 million or $0.52 per share a year ago.

Revenues grew 23 percent to $361.3 million from last year's $293.1 million. Organic revenue growth was 11 percent.

On average, analysts polled by Thomson Reuters expected earnings of $0.54 per share on revenues of $350.57 million. Analysts' estimates typically exclude special items.

Further, the company raised its fiscal 2021 outlook, and now expects adjusted earnings per share in the range of $2.23 to $2.29, revenue in the range of $1.45 billion to $1.46 billion and adjusted EBITDA in the range of $704 million to $716 million.

Analysts expect earnings of $2.23 per share on revenues of $1.42 billion for the year.

The company previously expected adjusted earnings per share in the range of $2.16 to $2.24, revenue in the range of $1.41 billion to $1.43 billion and adjusted EBITDA in the range of $695 million to $711 million.

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