Analysts expect that BlackBerry Ltd (NYSE:BB) will announce $211.49 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for BlackBerry’s earnings, with estimates ranging from $207.06 million to $215.00 million. BlackBerry posted sales of $286.00 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 26.1%. The business is expected to announce its next quarterly earnings results on Friday, March 30th.
On average, analysts expect that BlackBerry will report full-year sales of $211.49 million for the current financial year, with estimates ranging from $906.06 million to $940.40 million. For the next financial year, analysts anticipate that the company will post sales of $880.76 million per share, with estimates ranging from $837.33 million to $930.70 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover BlackBerry.
BlackBerry (NYSE:BB) last issued its quarterly earnings results on Wednesday, December 20th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.49). BlackBerry had a return on equity of 3.70% and a net margin of 37.36%. The company had revenue of $235.00 million for the quarter, compared to analysts’ expectations of $216.70 million. During the same quarter in the previous year, the business earned $0.02 EPS. The company’s revenue for the quarter was down 21.9% on a year-over-year basis.
Shares of BlackBerry (NYSE:BB) opened at $13.37 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 4.26 and a current ratio of 4.26. BlackBerry has a one year low of $6.65 and a one year high of $13.97. The stock has a market cap of $7,256.23, a P/E ratio of 24.76 and a beta of 1.09.
BlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company’s products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services.
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