BlackBerry Q2 earnings on deck: What to expect
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BlackBerry (NYSE:BB) will announce its Q2 earnings on Thursday, with expectations of EPS at $0.01 and revenue of $122.03 million, a 16% decline. The company has shifted focus to software and cybersecurity after exiting the smartphone market. Analysts suggest potential growth from QNX software, particularly in automotive and government sectors, but caution against macro risks. RBC anticipates results slightly above consensus and expects guidance to remain stable. BlackBerry has historically exceeded EPS estimates 88% of the time, with a 13% stock rise this year, aligning with the S&P 500.
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