Box Inc expected to post earnings of 40 cents a share - Earnings Preview

Box

24/08/2024 24:53

* Box Inc  BOX.N   BOX  is expected to show a rise in
quarterly
revenue when it reports  results on August 27 for the period
ending July 31 2024
    * The Redwood City California-based  company is expected to
report
a 3.0% increase in revenue to $269.182 million from $261.43
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on May 28
2024, for the period ended July 31, was for revenue between
$268.00 million and $270.00 million.
    * ​LSEG's mean analyst estimate for Box Inc is for earnings
of 40
cents per share. The company's EPS guidance on May 28 2024, for
the period ended July 31, was between $0.06 and $0.07 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$31.50​, above​ its last closing price of $28.47. ​​​

The company's guidance on May 28 2024 for the period ended July
31 was for Earnings before Interest and Taxes between USD72.36
million and USD72.9 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.37        0.36       0.39      Beat    8.5
 Jan. 31 2024  0.39        0.38       0.42      Beat    9.2
 Oct. 31 2023  0.38        0.38       0.36      Missed  -5​
 Jul. 31 2023  0.35        0.35       0.36      Beat    4
 ​​Apr.        0.27        0.27       0.32      Beat    17.4
 30 2023                                                
 Jan. 1 0001   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
 This summary was machine generated August 23 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)