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Black Knight updates guidance for FY'19

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.