Benzinga | Dec 20, 2021 10:04AM EST

BlackBerry's Earnings Outlook

BlackBerry (NYSE:BB) is set to give its latest quarterly earnings report on Tuesday, 2021-12-21. Here's what investors need to know before the announcement.

Analysts estimate that BlackBerry will likely report an Earnings Per Share (EPS) of $-0.07.

BlackBerry bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Historical Earnings Performance

Last quarter the company beat EPS by $0.01, which was followed by a 10.88% increase 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 2021EPS Estimate -0.07 -0.05 0.03 -0.01EPS Actual -0.06 -0.05 0.03 0.02Price Change % 10.88% -4.42% -9.74% -15.86%

Stock Performance

Shares of BlackBerry were trading at $9.17 as of December 17. Over the last 52-week period, shares are up 23.04%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.