What Do Analysts Expect from BlackBerry in Fiscal 4Q17?



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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