20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
BlackBerry(NYSE:BB) stock rose by 10.88% on Thursday after the company reported its Q2 earnings results on Wednesday, September 22, 2021 at 05:00 PM.
Here's what investors need to know about the announcement.
Earnings
BlackBerry beat their estimated earnings by 14.29%, which surprised analysts.
Revenue was up $91,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 4.42% drop in the share price the next day.
Here's a look at BlackBerry's past performance and the resulting price change:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.05 | 0.03 | -0.01 | 0.02 |
| EPS Actual | -0.06 | -0.05 | 0.03 | 0.02 | 0.11 |
| Price Change % | 10.88% | -4.42% | -9.74% | -15.86% | 0.42% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
BlackBerry earnings and revenue guidance hasn't been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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