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What Do Analysts Expect from BlackBerry in Fiscal 4Q17?

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Mar. 21 2017, Updated 9:14 a.m. ET

BlackBerry’s fiscal 4Q17 earnings

BlackBerry (BBRY) will announce its fiscal 4Q17 earnings on March 31, 2017. Analysts estimate that the company will post revenues of ~$288.5 million for the quarter, which ended in February 2017, with a low estimate of ~$271.6 million and a high estimate of ~$315 million.

The company’s EPS (earnings per share) is estimated to be $0.01 with a high estimate of $0.03 and a low estimate of -$0.02. If BlackBerry meets analysts’ revenue estimates of $288.5 million, it will mean a YoY (year-over-year) fall of 37.8% from fiscal 4Q16.

BlackBerry beat analyst EPS estimates in fiscal 3Q16 by 78.6% with EPS of -$0.03. BlackBerry also beat analysts’ EPS estimate in fiscal 4Q16, fiscal 1Q17, fiscal 2Q17, and fiscal 3Q17.

BlackBerry has a market cap of $3.8 billion. By comparison, peer tech (QQQ) companies International Game Tech (IGT), IBM (IBM), and Cisco (CSCO) have market caps of $4.9 billion, $164 billion, and $171 billion, respectively.

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How did BlackBerry perform in fiscal 3Q17?

BlackBerry announced its fiscal 3Q17 results in December 2016. It reported non-GAAP (generally accepted accounting principles) revenue of $301.0 million and GAAP revenue of $289.0 million. Its GAAP revenue fell 47.0% YoY from $548.0 million in fiscal 3Q16. The company achieved non-GAAP EPS (earnings per share) of $0.02 and a GAAP EPS loss of $0.22 during the quarter.

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