{"id":403497,"date":"2010-03-08T09:19:00","date_gmt":"2010-03-08T14:19:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:404751"},"modified":"2010-03-08T09:19:00","modified_gmt":"2010-03-08T14:19:00","slug":"rim-expected-to-beat-on-earnings-boost-guidance","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/403497","title":{"rendered":"RIM expected to beat on earnings, boost guidance"},"content":{"rendered":"<p>Research In Motion Ltd. was upgraded from Market Perform to Outperform at BMO Capital Markets. Analyst Tim Long also raised his earnings estimates and price target on the stock from $70 to $88 in anticipation of a meaningful beat and guidance boost when RIM reports on March 31.<\/p>\n<p>BMO is 5\u00a2 above consensus for the February quarter and 14\u00a2 above for May. Mr. Long expects the company\u2019s strength will come from all regions, as well as its 9700 and 8520 BlackBerrys.<\/p>\n<p>\u201cCompetition that we were expecting now seems further away, including a CDMA iPhone, giving RIM the ability to further grab share in the Smartphone segment,\u201d he said in a note. \u201cRIM has continued to gain share despite a product set that doesn\u2019t grab headlines. We believe the 9700 is driving a solid enterprise replacement cycle. Also, the 8520 for GSM and 8530 for CDMA have been successful in the US and international markets, driving Smartphones into the mid-tier.\u201d<\/p>\n<p><a href=\"mailto:jratner@nationalpost.com\">Jonathan Ratner<\/a> <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/NP\/aggbug.aspx?PostID=404751\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Research In Motion Ltd. was upgraded from Market Perform to Outperform at BMO Capital Markets. Analyst Tim Long also raised his earnings estimates and price target on the stock from $70 to $88 in anticipation of a meaningful beat and guidance boost when RIM reports on March 31. BMO is 5\u00a2 above consensus for the [&hellip;]<\/p>\n","protected":false},"author":4059,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-403497","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/403497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4059"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=403497"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/403497\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=403497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=403497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=403497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}