Blackbaud (Nasdaq: BLKB) is expected to report Q1 earnings on May 1. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Blackbaud's revenues will expand 20.7% and EPS will expand 11.8%.

The average estimate for revenue is $114.3 million. On the bottom line, the average EPS estimate is $0.19.

Revenue details
 Last quarter, Blackbaud reported revenue of $120.1 million. GAAP reported sales were 26% higher than the prior-year quarter's $95.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $0.27. GAAP EPS of $0.07 for Q4 were 50% lower than the prior-year quarter's $0.14 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 53.6%, 210 basis points worse than the prior-year quarter. Operating margin was 9.1%, 470 basis points worse than the prior-year quarter. Net margin was 2.7%, 400 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $500.4 million. The average EPS estimate is $1.21.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 94 members out of 108 rating the stock outperform, and 14 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give Blackbaud a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Blackbaud is outperform, with an average price target of $26.33.

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