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

Box

04/03/2024 24:09

* Box Inc  BOX.N   BOX  is expected to show a rise in
quarterly
revenue when it reports  results on March 6 for the period
ending January 31 2024
    * The Redwood City California-based  company is expected to
report
a 2.5% increase in revenue to $262.968 million from $256.48
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on December
5 2023, for the period ended January 31, was for revenue between
262.00 million and 264.00 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 December 5 2023,
for the period ended January 31, was between 0.38 and 0.39 
    * 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
$31.00​, above​ its last closing price of $26.54. ​​​

The company's guidance on August 29 2023 for the period ended
January 31 was for gross profit margin of 79%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  0.38        0.38       0.36      Missed  -5
 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.        0.30        0.30       0.31      Beat    4.3
 31 2022                                                
 Jul. 31 2022  0.28        0.28       0.28      Met     1.4​
 Apr. 30 2022  0.25        0.25       0.26      Beat    4
 Jan. 31 2022  0.23        0.23       0.24      Beat    3.1
 This summary was machine generated March 4 at 00:09 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)