Box Inc expected to post earnings of 35  cents a share - Earnings Preview

Box

26/08/2023 24:03

* Box Inc  BOX.N   BOX  is expected to show a rise in
quarterly
revenue when it reports  results on August 29. 
    * The Redwood City California-based  company is expected to
report
 a 6.1% increase in revenue to $261.12 million from $246.02
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on May
30 2023, for the period ended July 31, was for revenue between
$260.00 million and $262.00 million.
    * ​Refinitiv's mean analyst estimate for Box Inc is for
earnings
of 35 cents per share. The company's EPS guidance on May 30
2023, for the period ended July 31, was between $0.34 and $0.35 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Box Inc is
$34​,
above​ its last closing price of $30.50. ​​​

The company's guidance on May 30 2023 for the period ended July
31 was for Earnings before Interest and Taxes between USD62.4
million and USD62.88 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2023  0.27        0.27       0.32      Beat    17.4
 Jan. 31 2023  0.34        0.34       0.37      Beat    7.8
 Oct. 31 2022  0.30        0.30       0.31      Beat    4.3​
 Jul. 31 2022  0.28        0.28       0.28      Met     1.4
 ​​Apr.        0.25        0.25       0.26      Beat    4
 30 2022                                                
 Jan. 31 2022  0.23        0.23       0.24      Beat    3.1​
 Oct. 31 2021  0.21        0.21       0.22      Beat    5.9
 Jul. 31 2021  0.19        0.19       0.21      Beat    12.8
 This summary was machine generated August 25 at 23:03 GMT.  All
figures in US dollars  unless otherwise stated