NEW YORK (TheStreet) -- Is BlackBerry still relevant? That's what investors will want to know after the company reports earnings before the market open.

Also reporting early Friday is athletic apparel company Finish Line (FINL) .

For the second quarter of its fiscal 2016, analysts are predicting BlackBerry will report a loss of 9 cents a share on revenue of $610.99 million. Year over year, analysts are expecting the smartphone maker's earnings and revenue to decline.

Investors, as well as TheStreet's Jim Cramer, will be watching the company's software sales and hardware. Earlier this month, BlackBerry agreed to acquire Good Technology, a software provider, for $425 million, showing the company is serious about cyber security. According to analysts at FBR Capital Markets, this acquisition puts BlackBerry in more of a "high-growth market."

Despite the company's turnaround efforts, investors are still concerned that BlackBerry's service revenue have been falling sharply in recent years.

On the economic calendar, gross domestic product numbers are expected to be released at 8:30 a.m. ET. Economists forecast GDP to hold steady at a plus 3.7% and the GDP price index at plus 2.1%, according to Bloomberg. GDP is a measurement of economic activity. At 10 a.m. ET, consumer sentiment data are released. The consensus sentiment reading is forecast to be 87.1. This survey reflects financial conditions and attitudes about the economy.

Finally, at 1:25 p.m. ET, Kansas City Federal Reserve Bank President Esther George is going to speak in Omaha, Neb., about the economy and monetary policy.