BlackBerry (BB) to Release Quarterly Earnings on Wednesday

BlackBerry (TSE:BBGet Free Report) (NASDAQ:BBRY) will be announcing its earnings results after the market closes on Wednesday, April 3rd. Analysts expect the company to announce earnings of C($0.04) per share for the quarter.

BlackBerry Price Performance

TSE:BB opened at C$3.61 on Wednesday. BlackBerry has a one year low of C$3.35 and a one year high of C$7.82. The company has a market cap of C$2.11 billion, a P/E ratio of -2.69, a P/E/G ratio of 0.06 and a beta of 1.09. The firm’s fifty day moving average price is C$3.83 and its two-hundred day moving average price is C$4.80. The company has a debt-to-equity ratio of 27.15, a current ratio of 0.89 and a quick ratio of 1.49.

Analyst Ratings Changes

BB has been the topic of a number of research reports. Canaccord Genuity Group decreased their price target on shares of BlackBerry from C$4.25 to C$3.25 and set a “hold” rating on the stock in a research note on Wednesday, February 14th. Royal Bank of Canada decreased their target price on BlackBerry from C$4.50 to C$4.00 and set a “sector perform” rating on the stock in a research report on Thursday, December 21st. Finally, TD Securities decreased their target price on BlackBerry from C$4.00 to C$3.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 14th.

View Our Latest Report on BlackBerry

Insiders Place Their Bets

In related news, Director Philip Gordon Brace bought 35,000 shares of the company’s stock in a transaction dated Wednesday, February 14th. The stock was purchased at an average price of C$2.79 per share, with a total value of C$97,650.00. Corporate insiders own 1.67% of the company’s stock.

BlackBerry Company Profile

(Get Free Report)

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 CylancePROTECT, an endpoint protection platform and mobile threat defense solution; CylanceOPTICS, an endpoint detection and response solution; CylanceGUARD, a managed detection and response solution; CylanceGATEWAY, an AI-empowered zero-trust network access solution; CylancePERSONA, a user and entity behavior analytics solution; BlackBerry unified endpoint management, a central software component for secure communications platform; BlackBerry Dynamics, a development platform and secure container for mobile applications; and BlackBerry Workspaces solutions.

See Also

Earnings History for BlackBerry (TSE:BB)

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