{"id":440483,"date":"2010-03-17T10:31:00","date_gmt":"2010-03-17T14:31:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:408905"},"modified":"2010-03-17T10:31:00","modified_gmt":"2010-03-17T14:31:00","slug":"expectations-high-for-rim-earnings-results","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/440483","title":{"rendered":"Expectations high for RIM earnings results"},"content":{"rendered":"

For a company like Research in Motion Ltd.<\/a>, just being good isn't good enough for analysts anymore.<\/p>\n

The BlackBerry maker is scheduled to release its next quarterly results at the end of March, and Phillip Huang with UBS is expecting a strong showing. Doesn't necessarily mean he's particularly high up on the company though.<\/p>\n

"We expect upside in the quarter … however, we believe investor sentiment is already anticipating earnings and guidance strength which, in our opinion will require more material upside surprise for further upward share price momentum," he said in a note to clients Wednesday.<\/p>\n

Otherwise, Mr. Huang's estimates are largely in line with RIM's own forecasts for the quarter. The company's guidance indicates revenues of $4.2-billion to $4.4-billion, while Mr. Huang has pegged it at $4.29-billion. Consensus is $4.3-billion.<\/p>\n

EPS figures from RIM are between $1.23 and $1.31, while both UBS and the street estimate $1.27 a share. And both RIM and Mr. Huang figure gross margins will stay at 43.5%.<\/p>\n

"RIM has also historically managed expenses well relative to guidance, which could also be a benefit," he said.<\/p>\n

Mr. Huang admitted his concerns were largely with the coming August quarter.<\/p>\n

A possible new iPhone from Apple<\/a> in June, seasonal slowdowns and potential movement from Palm<\/a> in the U.S. market all point to downward pressure for RIM in the quarter, he said.<\/p>\n

He estimates sales of $4.18-billion and EPS of $1.18, versus consensus of $4.46-billion and $1.25.<\/p>\n

Mr. Huang maintains a Neutral rating and $72 target price for RIM. <\/p>\n

Eric Lam<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

For a company like Research in Motion Ltd., just being good isn't good enough for analysts anymore. The BlackBerry maker is scheduled to release its next quarterly results at the end of March, and Phillip Huang with UBS is expecting a strong showing. Doesn't necessarily mean he's particularly high up on the company though. "We […]<\/p>\n","protected":false},"author":4586,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-440483","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/440483","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\/4586"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=440483"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/440483\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=440483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=440483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=440483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}