Snapshot: BlackBerry wins
BlackBerry BB is expected to release its latest quarterly earnings report on Tuesday 2022-09-27. Here's what investors need to know ahead of the announcement.
Analysts estimate that BlackBerry will report earnings per share (EPS) of -$0.07.
BlackBerry bulls are hoping to hear the company announce that it not only exceeded that estimate, but also provide some positive indications or expected growth for the next quarter.
New investors should note that sometimes it's not an earnings overshoot or miss that most affects a stock's price, but direction (or forecast).< /p> Past Earnings Performance
Last quarter, the company beat EPS by $0.02, followed by a 7.08% increase in share price the next day.
Here's a look at past BlackBerry performance and the resulting price change:
Trimester Q1 2023 Q4 2022 Q3 2022 Q2 2022 EPS estimate -0.07 -0.07 -0.07 -0.07 Actual EPS -0.05 0.01 0 -0.06 Price change % 7.08% -9.52% 1.73% 10.88%BlackBerry shares were trading at $5.07 as of September 23. Over the past 52-week period, shares are down 47.5%. Since these returns are typically negative, long-term shareholders are likely unhappy to approach this earnings release.
To keep track of all BlackBerry revenue releases, check out their revenue calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
BlackBerry BB is expected to release its latest quarterly earnings report on Tuesday 2022-09-27. Here's what investors need to know ahead of the announcement.
Analysts estimate that BlackBerry will report earnings per share (EPS) of -$0.07.
BlackBerry bulls are hoping to hear the company announce that it not only exceeded that estimate, but also provide some positive indications or expected growth for the next quarter.
New investors should note that sometimes it's not an earnings overshoot or miss that most affects a stock's price, but direction (or forecast).< /p> Past Earnings Performance
Last quarter, the company beat EPS by $0.02, followed by a 7.08% increase in share price the next day.
Here's a look at past BlackBerry performance and the resulting price change:
Trimester Q1 2023 Q4 2022 Q3 2022 Q2 2022 EPS estimate -0.07 -0.07 -0.07 -0.07 Actual EPS -0.05 0.01 0 -0.06 Price change % 7.08% -9.52% 1.73% 10.88%BlackBerry shares were trading at $5.07 as of September 23. Over the past 52-week period, shares are down 47.5%. Since these returns are typically negative, long-term shareholders are likely unhappy to approach this earnings release.
To keep track of all BlackBerry revenue releases, check out their revenue calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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