Shares of RIM (RIMM) Extend Intraday Gains Ahead of Q4 Earnings
Tweet
Share
E-mail
Traders have been buying shares of Research In Motion (Nasdaq: RIMM) all day ahead of its Q4 earnings report, which will be out after the closing bell. After opening today's trading session "just" 3.5% higher, shares have now surged more than 7%, most recently trading at $49.07. Research In Motion's stock price hasn't been at this price level since mid-February.
According to our Earnings records for RIM, the handset-maker usually issue results right after the close. In fact, the last three earnings reports were all released at 4:07pm ET.
Analysts are currently looking for Research In Motion to report Q4 EPS of $0.84 on sales of $3.40 billion.
According to our Earnings records for RIM, the handset-maker usually issue results right after the close. In fact, the last three earnings reports were all released at 4:07pm ET.
Analysts are currently looking for Research In Motion to report Q4 EPS of $0.84 on sales of $3.40 billion.
You May Also Be Interested In
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
