Box Incexpected to post earnings of 40 cents a share - Earnings Preview
Box Incis expected to report earnings of 40 cents per share with a projected 3% increase in quarterly revenue to $182 million for the period ending July 31, 2024. Analysts predict revenues to range between $172.00 million and $183.00 million. The average analyst rating is "buy" with the median 12-month price target set at $50. The company had mixed performance last quarters with three beats and one miss. Overall, earnings guidance for the period is between $72.36 million and $72.9 million for EBIT.
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)
