BlackBerry Ltd reports results for the quarter ended November 30 - Earnings Summary
BlackBerry Ltd BB.TO reported quarterly adjusted earnings of 2 cents per share for the quarter ended November 30, higher than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of six analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents to 2 cents per share.
Revenue fell 18.3% to $143.00 million from a year ago; analysts expected $147.36 million.
BlackBerry Ltd's reported EPS for the quarter was a loss of 2 cents.
The company reported a quarterly loss of $11 million.
BlackBerry Ltd shares had risen by 21.6% this quarter and lost 7.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 20% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the software peer group is also "hold"
Wall Street's median 12-month price target for BlackBerry Ltd is $3.25
This summary was machine generated from LSEG data December 19 at 11:39 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Nov. 30 2024 | -0.01 | 0.02 | Beat |
Aug. 31 2024 | -0.02 | 0.00 | Beat |
May. 31 2024 | -0.04 | -0.03 | Beat |
Feb. 29 2024 | -0.03 | 0.03 | Beat |
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