Should you buy BlackBerry (BB) shares ahead of earnings tomorrow? BMO analyst Tim Long says wait.
BMO’s Tim Long notes that the BB team held off on posting a revised short-term guide in its yearly conference.
Though Tim Long notes BlackBerry posted a robust fourth fiscal quarter for 2018, the guide hangs unclear for fiscal 2019 software revenue growth.
Though RBC Capital’s Paul Treiber likes BB’s automotive position, he nonetheless pinpoints 19% downside potential for shares.
Summary BlackBerry Ltd (NYSE:BB) fiscal Q3 2017 revenue beat out estimates, marking the second consecutive quarter in which the smartphone giant surpassed earnings …
BMO’s Tim Long shares outlook and model before tomorrow’s print.
