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Top Wall Street Forecasters Revamp BlackBerry Expectations Ahead Of Q2 Earnings

1. BlackBerry to release Q2 earnings results on Sept. 25. 2. Earnings expected at 1 cent per share, down from last year. 3. BlackBerry's revenue projection is $122.03 million, lower than $145 million last year. 4. BlackBerry became first certified mobile device vendor by Germany's BSI. 5. Shares dropped 3% to close at $4.27 recently.

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FAQ

Why Bearish?

The expected decline in earnings and revenue indicates potential financial struggles, similar to previous downturns in 2022.

How important is it?

The article discusses upcoming earnings, critical for investor sentiment and stock performance.

Why Short Term?

The upcoming earnings release will likely affect stock price immediately; historical reports show quick reactions.

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