Research In Motion (RIMM) Shares Lower Ahead of Q2 Results

Shares of Research In Motion (Nasdaq: RIMM) are trading about 1.6% lower today ahead of the company's Q2 earnings report, expected out after the close today. The stock most recently traded at $84.36.

Analysts are currently looking for Q2 EPS of $1.00, on sales of $3.62 billion. Taking a look towards guidance, the Street is looking for Q3 EPS of $1.05 on sales of $3.92 billion.

According to data from Bloomberg, 30 analysts have Research In Motion rated at Buy, 13 have Neutral ratings and just 4 have a Sell on the stock. The average price target is $95, which would represent potential upside of about 12.6% from current levels.

Research In Motion usually reports within the first 10 minutes after the market closes.

Stay tuned to our Earnings category to see all the earnings reports in real-time seconds after they are released.

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