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Earnings Expectations from Blackberry Today , Also Turnaround Plan

July 21, 2023
in Trade Tube
Reading Time: 1 min read
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Blackberry will update investors on its turnaround plan today. The quarterly earnings report will offer much more than just the last three months of sales. It will also offer some context with which to judge CEO John Chen, who has said the turnaround is ahead of schedule. Blackberry turned a surprise profit last quarter and positive cash flow is expected. But the company is expected to post a quarterly loss of 4 cents a share. Chen may also update Wall Street on product releases this year. He’s previously said Blackberry will introdue 4 handsets this year, including the affordable Leap and a curved screen model.

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