Box Inc reports results for the quarter ended in July - Earnings Summary

Box

30/08/2023 01:01

* Box Inc  BOX.N  reported quarterly adjusted earnings of 36
cents​​ per share for the quarter ended in July. The mean
expectation of eleven analysts for the quarter was for earnings
of 35 cents per share.
    * Revenue rose 6.3% to $261.43 million from a year ago;
analysts
expected $261.12 million. 
    * Box Inc's reported EPS for the quarter was 4 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Box Inc shares had risen by 3.9% this quarter and
lost 1.9% so
far this year.
    * The company reported quarterly net income of $5.74
million.
    * Wall Street's median 12-month price target for Box Inc is
$34.00
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 30 at 12:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.35           0.36           Beat
 Apr. 30 2023      0.27           0.32           Beat
 Jan. 31 2023      0.34           0.37           Beat
 Oct. 31 2022      0.30           0.31           Beat