BlackBerry (BB) Set to Announce Earnings on Wednesday

BlackBerry (TSE:BB) (NASDAQ:BBRY) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, December 20th. Analysts expect the company to announce earnings of C($0.05) per share for the quarter.

Shares of BlackBerry (TSE BB) opened at C$13.95 on Monday. BlackBerry has a 1 year low of C$8.98 and a 1 year high of C$15.82.

BB has been the subject of several research analyst reports. Royal Bank of Canada lifted their target price on shares of BlackBerry to C$13.00 and gave the company a “sector perform” rating in a research report on Friday, September 29th. TD Securities lifted their target price on shares of BlackBerry to C$15.00 and gave the company a “buy” rating in a research report on Friday, September 29th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a C$10.00 target price on shares of BlackBerry in a research report on Friday, September 29th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of C$13.20.

In other BlackBerry news, insider Martin James Beard purchased 8,999 shares of the firm’s stock in a transaction on Thursday, September 28th. The shares were purchased at an average cost of C$11.15 per share, with a total value of C$100,338.85. Also, insider Steven Zipperstein sold 31,078 shares of BlackBerry stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of C$11.31, for a total transaction of C$351,492.18. Over the last quarter, insiders have sold 1,857,825 shares of company stock valued at $19,283,196.

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About BlackBerry

BlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company’s products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services.

Earnings History for BlackBerry (TSE:BB)

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