Stocks to Watch: BlackBerry, Red Hat
NEW YORK -- BlackBerry
The focus for the quarter will be on global sales of BlackBerry's new Z10 touchscreen smartphone. The device went on sale in the U.S. just last week so sales there won't be part of the results.
TheStreet will be live-blogging BlackBerry's results beginning at 7 a.m.
The open source software company posted adjusted earnings of 36 cents a share in the quarter on revenue of $348 million, an increase of 17% year over year. Analysts were looking for earnings of 30 cents a share on revenue of $349.4 million.
The company noted that subscription revenue, the majority of its business, was $303 million for the quarter, up 19% year over year.
PVH forecast adjusted earnings in 2013 of $7 a share, below estimates of $7.40 a share, as the acquisition of Warnaco cuts into profits.
Analysts expect Accenture
-- Written by Joseph Woelfel
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