Black Knight Inc. updated its guidance for full year 2019.
The company now expects revenues to be at the lower end of the previous guidance range of $1.18 billion to $1.20 billion, while adjusted EPS is expected to be at the lower end of the previous guidance range of $1.90 to $2.00.
The S&P Global Market Intelligence consensus normalized EPS estimate for the full year 2019 is $1.93.
The company reported net earnings of $31.9 million, or 21 cents per share, in the second quarter, down from $40.0 million, or 27 cents per share, in the year-ago quarter.