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NEW YORK (TheStreet) -- BlackBerryundefined stock is up 2.35% to $8.06 in afternoon trading on Wednesday ahead of the mobile communications company's fiscal 2016 fourth quarter results due out Friday before the market open.

The Canadian cellphone manufacturer is expected to report a loss for the quarter and a 14.7% year-over-year decline in revenue.

Wall Street is anticipating a loss of 10 cents per share on revenue of $563.18 million, compared to earnings of 4 cents per share on revenue of $660 million that BlackBerry reported for the fiscal 2015 fourth quarter.

"While the company may currently be showing possible signs of a recovery, we note that much of this strength can be attributed to IP licensing sales of $53 million last quarter, which was structured with an upfront payment," Credit Suisse said in an analyst note this morning.

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Analysts remain concerned about BlackBerry's weak service revenue, unpredictable IP licensing revenue and recent acquisitions, which create integration risks.

Separately, BlackBerry has a "sell" rating and a letter grade of D at TheStreet Ratings because of the company's weak operating cash flow and generally disappointing stock performance.

You can view the full analysis from the report here: BBRY

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author. 

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