Box, Inc. (NYSE:BOX) is scheduled to be announcing its earnings results after the market closes on Tuesday, August 29th. Analysts expect the company to announce earnings of ($0.12) per share for the quarter. Box has set its Q2 guidance at ($0.13)-(0.12) EPS and its FY18 guidance at ($0.48)-(0.44) EPS.

Box (NYSE:BOX) last issued its quarterly earnings results on Wednesday, May 31st. The software maker reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.01. The company had revenue of $117.20 million for the quarter, compared to the consensus estimate of $114.70 million. Box had a negative net margin of 36.01% and a negative return on equity of 187.98%. The firm’s revenue was up 29.9% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.18) EPS. On average, analysts expect Box to post $-1.14 EPS for the current fiscal year and $-0.99 EPS for the next fiscal year.

Box, Inc. (BOX) opened at 19.58 on Monday. The company’s market capitalization is $2.57 billion. The company’s 50-day moving average is $18.99 and its 200 day moving average is $18.04. Box, Inc. has a one year low of $12.94 and a one year high of $20.91.

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In other news, insider Daniel J. Levin sold 50,000 shares of the stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $20.00, for a total transaction of $1,000,000.00. Following the completion of the transaction, the insider now directly owns 3,752 shares in the company, valued at approximately $75,040. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Rory O’driscoll sold 671,186 shares of the stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $18.48, for a total value of $12,403,517.28. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,748,934 shares of company stock valued at $32,700,266. Company insiders own 22.30% of the company’s stock.

Several analysts have issued reports on the stock. Stifel Nicolaus reaffirmed a “hold” rating and issued a $17.00 price objective on shares of Box in a research report on Wednesday, August 16th. Bank of America Corporation reaffirmed a “buy” rating and issued a $22.00 price objective (up previously from $21.00) on shares of Box in a research report on Friday, June 2nd. Drexel Hamilton reaffirmed a “buy” rating and issued a $28.00 price objective (up previously from $26.00) on shares of Box in a research report on Thursday, June 1st. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $27.00 price objective (up previously from $24.00) on shares of Box in a research report on Thursday, June 1st. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a $24.00 price objective (up previously from $22.00) on shares of Box in a research report on Thursday, June 1st. Six investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Box has a consensus rating of “Buy” and a consensus price target of $22.24.

About Box

Box, Inc provides an enterprise content management platform that enables organizations of all sizes to manage enterprise content while allowing access and sharing of this content from anywhere, on any device. With the Company’s Software-as-a-Service (SaaS) cloud-based platform, users can collaborate on content both internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security and compliance features to comply with internal policies and industry regulations.

Earnings History for Box (NYSE:BOX)

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