BLACKBERRY EARNINGS REPORT WON’T REVEAL MUCH $BBRY $AAPL
BlackBerry is scheduled to report earnings on Thursday, March 28. The consensus is a loss of $0.32 vs. a profit of $0.80 a year ago. The revenue consensus number is $2.84 billion. The consensus is for BlackBerry to lose money in every quarter in FY14.
The earnings will be meaningless because it is a transition time for BlackBerry. The earnings data will simply not tell us enough about the sales of Z10 and the adoption of BlackBerry Enterprise Service 10. The stock will move mostly based on projections, however the projections will be controversial. BlackBerry has had a lousy record of meeting its projections.… Please click here or the title below to read more.