BlackBerry set to report Q3 earnings with expectations of a loss, but positive surprises in past.

From Nasdaq: 2024-12-16 06:36:00

BlackBerry Limited (BB) is set to report third-quarter fiscal 2025 results on Dec. 19. The Zacks Consensus Estimate predicts a loss of 2 cents per share. The company’s earnings have surpassed estimates in the past four quarters, with an average surprise of 131.25%. Factors like strength in the automotive segment and cybersecurity solutions are expected to drive performance.

However, BlackBerry faces challenges with weak development seat revenues. The company expects third-quarter revenues to be in the range of $146-$154 million. The earnings ESP model does not predict an earnings beat this time, with an ESP of 0.00% and a Zacks Rank #3. Other stocks like RPM International Inc. and Accenture may offer better opportunities for earnings beats.

For investors seeking potential stocks, RPM International Inc., Accenture, and Paychex Inc. are worth considering. These stocks have a favorable combination of elements for beating earnings expectations. RPM’s to-be-reported quarter’s earnings and revenues are estimated at $1.35 per share and $1.78 billion, respectively. Accenture and Paychex Inc. are also slated to release quarterly numbers on Dec. 19.



Read more at Nasdaq: BlackBerry to Report Q3 Earnings: Here’s What Investors Should Know