BGC Comments On Research In Motion Fiscal Year-End Results

According to BGC, Research In Motion RIMM reported results post market on Thursday. BGC reported that the company reports February and fiscal year-end results on Thursday post market. “Our estimate of $5.65 billion in revenue is growth of 38.5% YoY and 2.8% sequentially and compares to consensus estimates of $5.64 billion. Our EPS estimate of $1.76 compares to $1.27 in the prior year and $1.74 in the prior quarter. Consensus estimates are $1.76. It is possible that the results are light on revenue but that EPS could be in the range of $1.80 if the company controls marketing expense.” Research In Motion closed yesterday at $62.41.