TECH - Here's How BlackBerry is Placed Ahead of Q1 Earnings | Benzinga
BlackBerry Limited (NYSE: BB) is scheduled to report first-quarter fiscal 2025 results on Jun 26.
The Zacks Consensus Estimate is pegged at a loss of 4 cents per share, unchanged in the past 60 days. The company reported earnings per share of 6 cents in the prior year quarter.
In the last reported quarter, BB's adjusted EPS was 3 cents. The company incurred a non-GAAP loss of 2 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at a loss of 3 cents. Total revenues were $173 million compared with the prior-quarter revenues of $151 million. Revenues benefited from solid demand for its solution across the advanced driver assistance systems market.
The company's earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing the other. The average earnings surprise stands at 130%.
BlackBerry Limited Price, Consensus and EPS Surprise
BlackBerry Limited price-consensus-eps-surprise-chart | BlackBerry Limited Quote
Factors to Note
Steady demand for its cybersecurity solutions (especially for Spark product group, which includes Cylance and UEM) is likely to have acted as a tailwind.
BB's ...