BlackBerry BB announces its next round of earnings this Tuesday, September 24. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Analysts are predicting BlackBerry will report a loss of 1 cent per share on revenue of $265.7 million.
In the same quarter last year, BlackBerry reported earnings per share of 4 cents on sales of $214 million. Revenue would be up 24.16% from the same quarter last year. BlackBerry's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 |
| EPS Estimate | 0.000 | 0.06 | 0.01 | |
| EPS Actual | 0.010 | 0.11 | 0.05 | 0.04 |
Stock Performance
Over the last 52-week period, shares are down 27.08%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on BlackBerry stock is a Sell. The strength of this rating has dwindled over the past 90 days.
Conference Call
BlackBerry is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
