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Research in Motion Earnings Preview

Financial News Network
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March 30, 2012 AT 12:36 PM
Research in Motion (NASDAQ:RIMM) is scheduled to release its fourth quarter earnings after the close today.The company is expecting EPS of $0.81 per share and revenues of $4.54 billion.RIM has been struggling in the mobile business falling behind the iPhone and Android.This will also be the first earnings release for the company's newly appointed CEO, Thornstein Heins.Research In Motion (NASDAQ:RIMM) has potential upside of 15.8% based on a current price of $13.59 and an average consensus analyst price target of $15.74.