BlackBerry to Announce Fiscal Year 2020 Third Quarter Results on Dec 20, 2019

It's that time again

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BlackBerry will report results for the third quarter of fiscal year 2020 at 8 a.m. ET on Friday, December 20, 2019.

Shares in BlackBerry started unchanged on on Thursday. The company’s stock began trading at $5.42 below the previous closing price of $5.42, and finished the day at $5.37.

BlackBerry is undervalued, analysts say as the stock’s 3.20 rating makes it a Hold. Meanwhile, the stock that has jumped to $5.37 by losing -0.05 in Thursday’s market deals, received rating change over the recent past.

BofA/Merrill Upgrade the Neutral rating. TD Securities Reiterated the stock to Buy and has the BB stock price target for the year at $10.

On September 25, 2019, RBC Capital Mkts issued an Reiterated for BlackBerry Limited (NYSE:BB) to Sector Perform. Analysts, on average, believe could hit $7.50 per share within one year.

As usual, BlackBerry will be holding a conference which can be accessed by dialling +1-877-682-6267 or live streamed on the company’s website here.

A replay of the conference call will be available at 11 a.m. ET on December 20, 2019 by dialling +1-800-585-8367 and entering Conference ID #9608207. It will also be available at the link above.

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