Equities research analysts expect BlackBerry Ltd (NYSE:BB) to post sales of $211.49 million for the current quarter, Zacks reports. Three analysts have made estimates for BlackBerry’s earnings, with the highest sales estimate coming in at $215.00 million and the lowest estimate coming in at $207.06 million. BlackBerry posted sales of $286.00 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 26.1%. The firm is scheduled to issue its next quarterly earnings report on Friday, March 30th.
According to Zacks, 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 $943.00 million. For the next fiscal year, analysts forecast that the company will report sales of $880.76 million per share, with estimates ranging from $837.33 million to $930.70 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow BlackBerry.
BlackBerry (NYSE:BB) last announced its quarterly earnings data on Wednesday, December 20th. The company reported ($0.52) EPS for the quarter, missing the Zacks’ 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 business had revenue of $235.00 million for the quarter, compared to analyst estimates of $216.70 million. During the same quarter in the previous year, the business posted $0.02 earnings per share. The company’s revenue was down 21.9% compared to the same quarter last year.
Shares of BlackBerry (NYSE:BB) opened at $13.31 on Monday. BlackBerry has a 1 year low of $6.65 and a 1 year high of $14.55. The company has a market capitalization of $7,180.00, a PE ratio of 20.17 and a beta of 1.09. The company has a debt-to-equity ratio of 0.33, a quick ratio of 4.26 and a current ratio of 4.26.
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BlackBerry Company Profile
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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