Box Inc expected to post earnings of 38 cents a share - Earnings Preview

Box

04/12/2023 24:11

* Box Inc  BOX.N   BOX  is expected to show a rise in
quarterly
revenue when it reports  results on December 6 for the period
ending July 31 2023
    * The Redwood City California-based  company is expected to
report
a 5.5% increase in revenue to $263.693 million from $249.95
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on August 29
2023, for the period ended October 31, was for revenue between
261.00 million and 263.00 million. (Revenue majority is on Total
Revenue basis)
    * ​LSEG's mean analyst estimate for Box Inc is for earnings
of 38
cents per share. The company's EPS guidance on August 29 2023,
for the period ended October 31, was between 0.37 and 0.38 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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
$33.00​, above​ its last closing price of $26.57. ​​​

The company's guidance on August 29 2023 for the period ended
October 31 was for Earnings before Interest and Taxes between
66.555 million and 67.065 million.The company's guidance on
August 29 2023 for the period ended October 31 was for gross
profit margin of 77%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  0.35        0.35       0.36      Beat    4
 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.        0.28        0.28       0.28      Met     1.4
 31 2022                                                
 Apr. 30 2022  0.25        0.25       0.26      Beat    4​
 Jan. 31 2022  0.23        0.23       0.24      Beat    3.1
 Oct. 31 2021  0.21        0.21       0.22      Beat    5.9
 This summary was machine generated December 4 at 00:10 GMT.  All
figures in US dollars unless otherwise stated