BlackBerry

Analysts expect BlackBerry to Report a loss for fiscal Q2

Wall Street analysts are expecting BlackBerry to report a loss for its fiscal second quarter of approximately $39.2 million dollars, or 7 cents a share.

On a consensus basis, Wall Street sell-side analysts have a mean target price of $9.539. This number is based on the mean estimate from the 19 research firms that recently issued reports on the company.

BlackBerry sold a mere 1.1 million handsets in the three month period ending in May, and had $3.32 billion in cash.

Subtracting the company’s cash, BlackBerry’s operations are valued by investors at only 55 cents a share or $291.5 million.

 

Insider Sandeep Chennakeshu sold 100,980 shares of BlackBerry stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of C$7.41, for a total value of C$748,494.05.

The company last reported earnings for the period ending on 2015-05-31 of $-0.05 for the most recent quarter.

Stock is currently at $7.14 at the time of publishing.

Via

Rapid Mobile

Rapid Mobile uses cookies, tokens, and other third party scripts to recognise visitors of our sites and services, remember your settings and privacy choices, and - depending on your settings and privacy choices - enable us and some key partners to collect information about you so that we can improve our services and deliver relevant ads.

 

By continuing to use our site or clicking I Accept, you agree that Rapid Mobile and our key partners may collect data and use cookies for personalised ads and other purposes, as described more fully in our privacy policy.

 

You can change your settings at any time by clicking Manage Settings or by visiting our Privacy Centre for more detailed information.

 

Privacy Settings saved!
Cookie Services

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies.Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

These cookies allow us to count visits and traffic sources, so we can measure and improve the performance of our site.

We track anonymized user information to improve our website.
  • _ga
  • _gid
  • _gat

Decline all Services
Accept all Services