BlackBerry

BlackBerry Issues FY20 Earnings Guidance

BlackBerry issued an update on its FY20 earnings guidance Friday. The company provided earnings per share (EPS) guidance of $0.06-0.08 for the period, compared to the Thomson Reuters consensus estimate of $0.06. The company issued revenue guidance of $1.1 billion, compared to the consensus revenue estimate of $1.10 billion.

Shares of the company opened at $6.45 on Friday. BlackBerry has a 52 week low of $4.86 and a 52 week high of $10.29. The stock has a market capitalization of $3.55 billion, a P/E ratio of 49.62 and a beta of 1.75.

The company has a fifty day simple moving average of $5.67 and a two-hundred day simple moving average of $6.48. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.30.

BlackBerry last released its earnings results on Friday, December 20th, reporting $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.01.

The firm had revenue of $280.00 million during the quarter, compared to analyst estimates of $276.31 million. BlackBerry had a negative net margin of 5.92% and a positive return on equity of 0.89%. The business’s revenue was up 22.8% on a year-over-year basis.