Box, Inc. (NYSE:BOX) is reporting third quarter financial results on Tuesday 1st December 2020, After Market Close.
According to analysts surveyed by Thomson Reuters, BOX is expected to report 3Q21 income of $ 0.14 per share from revenue of $ 194.27 million.
For the full year, analysts anticipate top line of $ 768.99 million, while looking forward to income of $ 0.58 per share bottom line.
The Company Outlook
Earnings for 3Q21 are anticipated in a range of $ 0.13 ~ $ 0.15 per share, while revenues are expected in a range of $ 193.00 million ~ $ 195.00 million
Full Year 2021 topline are forecasted in a range of$ 767.00 million ~ $ 770.00 million, where as bottomline are predicted in a range of $ 0.56 ~ $ 0.60 per share
Click Here For More Historical Outlooks Of Box, Inc.
Previous Quarter Performance
Box, Inc. announced income for the second quarter of $ 0.18 per share, from the revenue of $ 192.29 million. Street analysts expected Box, Inc. to report income of $ 0.12 per share on revenue of $ 189.56 million for the second quarter. The bottom line results beat street analysts by $ 0.06 or 50.00 percent, at the same time, top line results outshined analysts by $ 2.73 million or 1.44 percent.
Stock Performance
Shares of Box, Inc. traded up $ 0.23 or 1.25 percent on Monday, reaching $ 18.69 with volume of 2.97 million shares. Box, Inc. has traded high as $ 18.96 and has cracked $ 18.33 on the downward trend
According to the previous trading day, closing price of $ 18.69, representing a 113.66 % increase from the 52 week low of $ 8.64 and a 16.43 % decrease over the 52 week high of $ 22.09.
The company has a market capital of $ 2.93 billion and is part of the Technology sector and Software – Infrastructure industry.
Conference Call
Box, Inc. will be hosting a conference call at 5:00 PM eastern time on 1st December 2020, to discuss its 3Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.box.com
Box, Inc. provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere or any device. The companys 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.
