BlackBerry Ltd expected to post a loss of 3 cents a share - Earnings Preview

BlackBerry

01/04/2024 21:02

* BlackBerry Ltd  BB.TO   is expected to show a rise in
quarterly
revenue when it reports  results on April 3 for the period
ending February 29 2024
    * The Waterloo Ontario-based  company is expected to report
a
2.5% increase in revenue to $154.781 million from $151 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for BlackBerry Ltd is for a
loss
of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for BlackBerry
Ltd is
$3.40​, below​ its last closing price of C$3.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Nov. 30 2023  -0.03       -0.03      0.01      Beat    137.5
 Aug. 31 2023  -0.07       -0.06      -0.04     Beat    35.1
 May. 31 2023  -0.05       -0.05      0.06      Beat    215.4​
 Feb. 28 2023  -0.02       -0.04      -0.02     Beat    53.8
 ​​Nov.        -0.07       -0.07      -0.05     Beat    28.6
 30 2022                                                
 Aug. 31 2022  -0.07       -0.07      -0.05     Beat    26.5​
 May. 31 2022  -0.05       -0.05      -0.05     Met     7.4
 Feb. 28 2022  -0.04       -0.04      0.01      Beat    123.8
 This summary was machine generated April 1 at 20:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)