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BlackBerry (BB) Laps the Stock Market: Here's Why
ZACKS· 2025-05-07 22:51
Company Performance - BlackBerry's stock closed at $3.68, reflecting a +1.94% increase from the previous day, outperforming the S&P 500's daily gain of 0.44% [1] - Over the past month, BlackBerry shares have gained 25.78%, surpassing the Computer and Technology sector's gain of 15.87% and the S&P 500's gain of 10.62% [1] Upcoming Financial Results - BlackBerry is projected to report earnings of $0 per share, indicating a year-over-year growth of 100% [2] - For the entire year, the Zacks Consensus Estimates forecast earnings of $0.10 per share and revenue of $521 million, reflecting changes of +400% and -9.19% compared to the previous year [2] Analyst Estimates and Market Outlook - Recent changes to analyst estimates for BlackBerry suggest positive sentiment regarding the company's business outlook [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks BlackBerry as 1 (Strong Buy), indicating strong market confidence [5] Valuation Metrics - BlackBerry's Forward P/E ratio stands at 36.1, which is a premium compared to the industry's average Forward P/E of 26.9 [6] - The Internet - Software industry, to which BlackBerry belongs, ranks in the top 37% of all industries according to the Zacks Industry Rank [6][7]
BIC: Disclosure Of Trading In Own Shares For April 2025
GlobeNewswire· 2025-05-06 15:45
Summary of Key Points Core Viewpoint - Société BIC has disclosed its share buy-back transactions for April 2025, indicating a strategic move to enhance shareholder value through repurchasing its own shares. Group 1: Share Buy-Back Transactions - In April 2025, BIC repurchased a total of 97,649 shares at an average weighted price of €59.7264, amounting to a total expenditure of €5,832,223.96 [2]. - The transactions included multiple purchases on different dates, with the largest single transaction occurring on April 3, 2025, where 45,000 shares were bought at an average price of €61.3667, totaling €2,761,501.50 [2]. - The lowest purchase price during this period was €53.5652 for 5,079 shares on April 24, 2025 [2]. Group 2: Company Overview - BIC is a global leader in stationery, lighters, and shavers, with a commitment to delivering high-quality and affordable products for over 80 years [4]. - The company operates in over 160 countries and employs more than 13,000 team members, featuring a diverse portfolio of iconic brands [4]. - BIC is listed on Euronext Paris and is included in the SBF120 and CAC Mid 60 indexes, highlighting its significant presence in the market [4].
Why Is BlackBerry (BB) Up 7.3% Since Last Earnings Report?
ZACKS· 2025-05-02 16:30
Core Viewpoint - BlackBerry shares have increased by approximately 7.3% since the last earnings report, outperforming the S&P 500, raising questions about the sustainability of this positive trend leading up to the next earnings release [1]. Group 1: Recent Performance - The stock has shown a positive trend over the past month, with a notable increase in share price [1]. - The performance of BlackBerry shares has been better than that of the S&P 500 during the same period [1]. Group 2: Analyst Activity - There have been no earnings estimate revisions from analysts in the last two months, indicating a period of quiet regarding expectations for the company's performance [2].
BlackBerry (BB) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-05-01 22:50
Company Overview - BlackBerry (BB) closed at $3.37, reflecting a -0.88% change from the previous session, underperforming compared to the S&P 500's 0.63% gain [1] - Over the past month, BlackBerry shares gained 0.29%, lagging behind the Computer and Technology sector's gain of 1.66% and outperforming the S&P 500's loss of 0.7% [1] Earnings Expectations - The upcoming earnings release is expected to show an EPS of $0, indicating a 100% increase compared to the same quarter last year [2] - For the fiscal year, earnings are projected at $0.10 per share and revenue at $521 million, representing changes of +400% and -9.19% from the prior year, respectively [2] Analyst Estimates - Recent changes to analyst estimates for BlackBerry are noteworthy, as they reflect short-term business trends and can indicate analyst optimism regarding the company's profitability [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [4] Zacks Rank and Valuation - BlackBerry currently holds a Zacks Rank of 1 (Strong Buy), with the consensus EPS estimate moving 100% higher over the last 30 days [5] - The company is trading at a Forward P/E ratio of 34, which is a premium compared to the industry's average Forward P/E of 26.31 [5] Industry Context - BlackBerry operates within the Internet - Software industry, which is part of the Computer and Technology sector, holding a Zacks Industry Rank of 141, placing it in the bottom 43% of over 250 industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating the competitive landscape [6]
BIC: Annual Shareholders’ Meeting on May 20, 2025 - Amendment to the Meeting notice
GlobeNewswire· 2025-04-28 15:47
Company Overview - Société BIC is a global leader in stationery, lighters, and shavers, known for its commitment to delivering high-quality, affordable, and trusted products for 80 years [6] - The company operates in over 160 countries with a workforce of more than 13,000 employees, offering a portfolio of iconic brands and products [6] - BIC is listed on Euronext Paris and is included in the SBF120 and CAC Mid 60 indexes, highlighting its significant market presence [6] Upcoming Events - A Combined, Ordinary and Extraordinary, General Meeting is scheduled for May 20, 2025, at 9:30 a.m. in Paris [1] - The agenda and draft resolutions for the meeting were published in the French official legal announcement publication (BALO) No.42 on April 7, 2025 [2] - The Board of Directors amended the agenda and draft resolutions on April 23, 2025, including modifications to the titles and texts of specific resolutions [2][5] Communication and Contact Information - Investor Relations and Global Communications contacts are provided for inquiries, including Brice Paris and Bethridge Toovell [4] - Additional details regarding the changes to the meeting notice can be found on BIC's website under the "Investors/Shareholders Meetings" section [3]
BIC: First Quarter 2025 Net Sales and Proposed Evolution of Société BIC’s Governance
GlobeNewswire· 2025-04-23 15:45
Group 1 - The core point of the article is that Société BIC experienced a decline in net sales for Q1 2025, primarily due to a challenging macroeconomic environment and high comparison bases from the previous year [1][2][3] - Q1 2025 net sales amounted to 478 million euros, representing a decrease of 7.0% on a constant currency basis and 10.9% on a comparative basis compared to Q1 2024 [1][2] - The decline in sales was particularly pronounced in North America, where consumer confidence was softer and tariff uncertainties persisted, leading to a significant impact on BIC's categories [3][4] Group 2 - The Human Expression division reported net sales of 153 million euros, down 10.5% on a constant currency basis, affected by lower consumption trends in North America and Europe [5][9] - The Flame for Life division saw net sales of 172 million euros, decreasing 15.9% on a constant currency basis, primarily due to a challenging environment in North America [5][13] - The Blade Excellence division achieved net sales of 145 million euros, increasing 11.0% on a constant currency basis, driven by the integration of Tangle Teezer [5][14] Group 3 - BIC's net sales in North America accounted for 35% of the Group's total in Q1 2025, highlighting the importance of this market despite the ongoing tariff uncertainties [7][19] - The company is implementing a global supply chain optimization program as part of its Horizon strategic plan to enhance operational agility and mitigate potential impacts from tariffs [8][10] - The outlook for 2025 has been moderated, with expected net sales growth now between 0% and 3% at constant currency, down from the initial forecast of 4% to 6% [10][12] Group 4 - In Europe, net sales increased by 4.7% in Q1 2025, driven by distribution gains in discount channels and strong performance of recently launched value-added products [11][15] - Latin America experienced a decline in net sales, particularly in Brazil and Mexico, due to increased competitive pressure and high comparison bases from the previous year [11][19] - The Middle East and Africa region saw low-single-digit growth, with strong performance in Morocco and Nigeria offsetting challenges in other countries [12][19] Group 5 - The Bich family reaffirmed its long-term commitment as the controlling shareholder of Société BIC and proposed changes to strengthen the company's governance [19][20] - Edouard Bich is proposed to be appointed as Chair of the Board following the Annual General Meeting on May 20, 2025, reflecting the family's intention to reinforce its leadership [20][21] - The Board plans to appoint a Lead Independent Director to ensure a balanced governance structure aligned with market standards [21][22]
Annual General Meeting of May 20, 2025: Availability of the preparatory documents
GlobeNewswire· 2025-04-18 13:00
Core Points - The Combined, Ordinary and Extraordinary General Meeting of Shareholders of Société BIC is scheduled for May 20, 2025, at 9:30 a.m. in Paris [2] - The notice of the meeting was published on April 7, 2025, and the convening notice will be published on April 28, 2025 [3] - Shareholders can access preparatory documents related to the General Meeting on the Société BIC website [3][6] - Registered shareholders will receive convening documentation by post or email, which includes the voting form, meeting agenda, and resolutions [5] - The Annual General Meeting will be broadcast live, with a replay available on the Société BIC website [7] Company Overview - Société BIC is a global leader in stationery, lighters, and shavers, known for its commitment to delivering high-quality and affordable products [8] - BIC operates in over 160 countries and employs more than 13,000 team members worldwide [8] - The company is listed on Euronext Paris and is included in the SBF120 and CAC Mid 60 indexes, with a strong focus on sustainability and education [8] Upcoming Events - First Quarter 2025 Net Sales will be reported on April 23, 2025 [10] - Annual General Meeting is set for May 20, 2025 [10] - First Half 2025 Results will be announced on July 30, 2025 [10] - Third Quarter 2025 Net Sales will be reported on October 28, 2025 [10]
BlackBerry: Innovation Is Fueling Profitability Amid Short-Term Headwinds (Rating Downgrade)
Seeking Alpha· 2025-04-08 19:22
Group 1 - The company has significant growth prospects due to its QNX software, which is utilized by over 24 out of 25 top electric vehicles, indicating a strong market position for the next decade [1] - The analyst employs a "First Principles" approach to identify overlooked investment opportunities by breaking down complex financial and technological problems [1] - The focus of the articles includes emerging technologies, sustainable investing, and the intersection of innovation and finance, aiming to drive positive change in the industry [1]
Will Increasing Momentum in BlackBerry's QNX Unit Boost BB Shares?
ZACKS· 2025-04-08 14:05
Group 1: Partnership and Product Launch - BlackBerry's QNX division partnered with Leapmotor to develop the Leapmotor B10, which has received over 31,688 orders in the first 48 hours of its presale [1][5] - The B10 is the first model in Leapmotor's new B-series, designed for global markets, showcasing strong initial demand [1][5] Group 2: QNX Platform Features - QNX is recognized for its role in powering software-defined vehicles, with adoption by major OEMs like BMW, Honda, and Toyota [2] - The B10 utilizes QNX technologies, including the QNX Neutrino RTOS and QNX Hypervisor, which enhance its smart EV capabilities and safety standards [3][4] Group 3: Financial Performance and Market Position - BlackBerry's QNX segment reported revenues of $65.8 million, exceeding guidance, driven by demand in the digital cockpit and ADAS markets [6] - The QNX royalty backlog grew to approximately $865 million, indicating strong future revenue potential despite current automotive market challenges [7] Group 4: Future Prospects and Collaborations - QNX extended its collaboration with Advantech to enhance support for joint customers across various industries [8] - The company anticipates a sequential drop in QNX revenues in fiscal 2026, projecting between $51-$55 million for the first quarter [9]
BIC: Annual Shareholders’ Meeting on May 20, 2025 - Publication of Meeting notice
GlobeNewswire· 2025-04-07 16:09
Core Points - The Annual Shareholders' Meeting for Société BIC is scheduled for May 20, 2025, at 9:30 a.m. in Paris [2] - The meeting notice was published on April 7, 2025, and includes the agenda, draft resolutions, and participation details [3] - Shareholders can access relevant documents and information regarding the meeting on BIC's official website [4] Company Overview - BIC is a global leader in stationery, lighters, and shavers, known for its commitment to high-quality and affordable products [5] - The company has a presence in over 160 countries and employs more than 13,000 team members worldwide [5] - BIC is listed on Euronext Paris and is included in the SBF120 and CAC Mid 60 indexes, with a strong focus on sustainability and education [5]