BlackBerry (BB) Rises Higher Than Market: Key Facts

Company Performance - BlackBerry's stock closed at $2.88, reflecting a +1.41% increase from the previous day, outperforming the S&P 500's gain of 0.7% [1] - Over the past month, BlackBerry shares have appreciated by 2.16%, underperforming the Computer and Technology sector's gain of 8.26% and the S&P 500's gain of 4.03% [1] - The upcoming earnings disclosure is anticipated, with a forecasted EPS of -$0.04, indicating a 166.67% decline from the same quarter last year [1] - For the full year, analysts expect earnings of -$0.03 per share and revenue of $615 million, representing changes of -160% and -27.9% from the previous year [1] Analyst Projections - Recent shifts in analyst projections for BlackBerry are important for investors, as positive estimate revisions indicate optimism about the company's business and profitability [2] - The Zacks Rank system, which includes estimate changes, currently ranks BlackBerry as 1 (Strong Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [2] - The Zacks Consensus EPS estimate for BlackBerry has remained steady over the past month [2] Industry Overview - The Computer - Software industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 53, placing it in the top 22% of over 250 industries [3] - The Zacks Industry Rank measures the strength of industry groups by evaluating the average Zacks Rank of individual stocks within those groups, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [3]