Earnings Outlook for BlackBerry

BlackBerry (NYSE:BB) unveils its next round of earnings this Thursday, June 24. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Sell-side analysts are expecting BlackBerry's loss per share to be near $0.05 on sales of $171.25 million. In the same quarter last year, BlackBerry reported earnings per share of $0.02 on sales of $214.00 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

If the company were to report earnings in line when it publishes results Thursday, earnings would be down 350.0%. Sales would have fallen 19.98% from the same quarter last year. Here is how the BlackBerry's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 172.78%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. BlackBerry is scheduled to hold the call at 17:30:00 ET and can be accessed here.

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