Box Inc expected to post earnings of 36 cents a share - Earnings Preview

Box

25/05/2024 24:53

* Box Inc  BOX.N   BOX  is expected to show a rise in
quarterly
revenue when it reports  results on May 28 for the period ending
April 30 2024
    * The Redwood City California-based  company is expected to
report
a 4.0% increase in revenue to $262.044 million from $251.9
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on March 5
2024, for the period ended April 30, was for revenue between
$261.00 million and $263.00 million.
    * ​LSEG's mean analyst estimate for Box Inc is for earnings
of 36
cents per share. The company's EPS guidance on March 5 2024, for
the period ended April 30, was between $0.35 and $0.36 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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
$32.00​, above​ its last closing price of $25.27. ​​​

The company's guidance on March 5 2024 for the period ended
April 30 was for gross profit margin of USD79%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.39        0.38       0.42      Beat    9.2
 Jan. 1 2024   0.38        0.38       0.36      Missed  -5
 Jul. 31 2023  0.35        0.35       0.36      Beat    4​
 Jan. 1 0001   0.27        0.27       0.32      Beat    17.4
 ​​Jan.        0.34        0.34       0.37      Beat    7.8
 31 2023                                                
 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. 30 2022  0.25        0.25       0.26      Beat    4
 This summary was machine generated May 24 at 23:53 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)