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BlackBerry Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. BB expects quarterly earnings to drop to $0 from $2.73 last year. 2. Projected revenue of $112.19 million, down from $144 million year-over-year. 3. QNX and Vector Informatik to develop software for software-defined vehicles. 4. BB shares gained 2.1%, closing at $4.32 on Monday. 5. Analysts provided mixed ratings, with price targets generally lowered.

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FAQ

Why Bearish?

The significant drop in expected earnings and revenue may deter investors. Historical context shows that similar earnings declines often lead to stock price reductions.

How important is it?

The projected earnings decline and revenue drop are critical for investor sentiment. Earnings reports heavily influence short-term stock performance.

Why Short Term?

Immediate reactions to quarterly earnings are often quick, leading to volatility. Companies often face short-term impacts from earnings misses or significant changes in projections.

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