Zacks: Analysts Anticipate BlackBerry Limited (NASDAQ:BB) Will Announce Earnings of -$0.04 Per Share

Analysts expect BlackBerry Limited (NASDAQ:BBGet Rating) to post earnings per share of ($0.04) for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for BlackBerry’s earnings. BlackBerry reported earnings per share of ($0.05) during the same quarter last year, which suggests a positive year-over-year growth rate of 20%. The company is scheduled to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that BlackBerry will report full year earnings of ($0.12) per share for the current fiscal year. For the next financial year, analysts forecast that the company will report earnings of ($0.05) per share. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for BlackBerry.

Separately, StockNews.com raised shares of BlackBerry from a “sell” rating to a “hold” rating in a report on Friday, April 8th.

NASDAQ:BB opened at $5.83 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.63 and a current ratio of 2.63. BlackBerry has a 1-year low of $4.70 and a 1-year high of $20.17.

About BlackBerry (Get Rating)

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers BlackBerry Cyber Suite, which provides Cylance AI and machine learning-based cybersecurity solutions, including BlackBerry Protect, an EPP and available MTD solution; BlackBerry Optics, an EDR solution that provides visibility into and prevention of malicious activity; BlackBerry Guard, a managed detection and response solution; BlackBerry Gateway, an AI-empowered ZTNA solution; and BlackBerry Persona, a UEBA solution that provides authentication by validating user identity in real time.

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