Over 2 Years Ago
1 Min Read
Are you waiting for BOX's earnings report? A quick overview:
Box Inc (BOX) reports earnings on August 24. Lets take a closer look at how the stock is currently trading.
Analysts are thinking we'll see an EPS (earnings per share) of
$0.28, GAAP of -$0.01, on revenues of $245.77M for Box Inc on Wednesday. Over the last 90 days, analysts have lowered estimates 2 times and raised them 3 times.
Box Inc bulls will obviously be hoping that the earnings report beats the analysts' estimates. But they'll also want to hear that the earnings beat was on higher than expected revenues. Finally, they'll want the company to paint a picture that leads analysts to conclude this is just the start of an exciting growth story.
Grizzly bears possess a biting force of over 1200 PSI, which is enough to crush a bowling ball or an iron skillet. BOX bears cannot do that, but they can listen for news that the company underperformed analysts' estimates for EPS, Revenues, or future guidance. They'll also want to build negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Regardless of which side of the fence you're on, it's important to note that sometimes the company's earnings report plays less of a role in moving the price than the analysts' estimates. This can be caused by a change in the analysts' estimates based on the Q&A from the conference call with management discussing the earnings report.
Share price moves can have an impact on existing shareholder sentiment. As of August 16 shares of BOX are trading at $31.03. Over the last 52-week period, the price is down -6.08%.
Analysts are thinking we'll see an EPS (earnings per share) of
$0.28, GAAP of -$0.01, on revenues of $245.77M for Box Inc on Wednesday. Over the last 90 days, analysts have lowered estimates 2 times and raised them 3 times.
Box Inc bulls will obviously be hoping that the earnings report beats the analysts' estimates. But they'll also want to hear that the earnings beat was on higher than expected revenues. Finally, they'll want the company to paint a picture that leads analysts to conclude this is just the start of an exciting growth story.
Grizzly bears possess a biting force of over 1200 PSI, which is enough to crush a bowling ball or an iron skillet. BOX bears cannot do that, but they can listen for news that the company underperformed analysts' estimates for EPS, Revenues, or future guidance. They'll also want to build negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Regardless of which side of the fence you're on, it's important to note that sometimes the company's earnings report plays less of a role in moving the price than the analysts' estimates. This can be caused by a change in the analysts' estimates based on the Q&A from the conference call with management discussing the earnings report.
Share price moves can have an impact on existing shareholder sentiment. As of August 16 shares of BOX are trading at $31.03. Over the last 52-week period, the price is down -6.08%.
Recommended Articles
