CA - BlackBerry Q4 2023 Earnings Preview: 5 Things To Watch

2024-03-30 10:00:00 ET

Summary

• BlackBerry's stock performance has been poor, losing nearly 37% compared to the S&P 500's gain of 11.46% since the last article publication.
• Investors should watch for five things, including BlackBerry's earnings forecast for Q4 its potential performance in the cybersecurity and IoT sectors.
• Alternative investments like CrowdStrike, SentinelOne and Stellantis may be more attractive options than holding BB stock.

Ahead of BlackBerry’s ( BB ) third-quarter results posted in Dec. 2023, investors honed in on three things . Shareholders scrutinized the struggling firm’s earnings, assessed its new leadership under a new Chief Executive Officer, and considered the cancellation of its IoT spinoff....

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