BOX (NYSE:BOX) will be issuing its quarterly earnings data after the market closes on Wednesday, November 28th. Analysts expect the company to announce earnings of ($0.29) per share for the quarter. BOX has set its Q3 guidance at ($0.08)-($0.07) EPS and its FY19 guidance at (0$.18)-($0.16) EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

BOX (NYSE:BOX) last announced its quarterly earnings data on Tuesday, August 28th. The software maker reported ($0.05) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.01. The business had revenue of $148.20 million during the quarter, compared to analyst estimates of $146.58 million. BOX had a negative net margin of 27.10% and a negative return on equity of 488.70%. The firm’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.11) earnings per share. On average, analysts expect BOX to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of BOX opened at $16.19 on Wednesday. The stock has a market cap of $2.53 billion, a PE ratio of -13.96 and a beta of 1.42. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.95 and a quick ratio of 0.95. BOX has a 52 week low of $15.71 and a 52 week high of $29.79.

In related news, Director Daniel J. Levin sold 30,000 shares of the stock in a transaction dated Monday, October 15th. The shares were sold at an average price of $18.90, for a total value of $567,000.00. Following the completion of the transaction, the director now owns 5,790 shares of the company’s stock, valued at $109,431. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Daniel J. Levin sold 80,000 shares of the stock in a transaction dated Friday, August 31st. The stock was sold at an average price of $24.22, for a total transaction of $1,937,600.00. Following the completion of the transaction, the director now directly owns 5,790 shares of the company’s stock, valued at approximately $140,233.80. The disclosure for this sale can be found here. Insiders sold 207,000 shares of company stock valued at $4,841,930 in the last three months. Company insiders own 8.51% of the company’s stock.

A number of research analysts have recently commented on the stock. Morgan Stanley set a $21.00 price objective on shares of BOX and gave the company a “hold” rating in a research report on Tuesday. JMP Securities reaffirmed an “outperform” rating and set a $32.00 price objective on shares of BOX in a research report on Wednesday, August 29th. DA Davidson cut their price objective on shares of BOX from $31.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, August 29th. Raymond James cut their price objective on shares of BOX from $33.00 to $25.00 and set an “outperform” rating for the company in a research report on Monday, October 15th. Finally, Deutsche Bank assumed coverage on shares of BOX in a research report on Monday, October 8th. They set a “hold” rating and a $22.00 price objective for the company. Seven research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. BOX presently has a consensus rating of “Buy” and an average price target of $26.57.

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About BOX

Box, Inc provides cloud content management platform that enables organizations of various sizes to manage and share their enterprise content from anywhere or any device. The company's Software-as-a-Service platform enables users to collaborate on content internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security, and compliance features.

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Earnings History for BOX (NYSE:BOX)

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