Box Inc Sees Q3 EPS $0.37-$0.38 Vs $0.39 Est.; Revenue $261M-$263M Vs $265.63M Est.
Portfolio Pulse from Happy Mohamed
Box Inc has projected its Q3 earnings per share (EPS) to be between $0.37 and $0.38, lower than the estimated $0.39. The company also expects its revenue to be between $261M and $263M, which is less than the estimated $265.63M.
August 29, 2023 | 8:08 pm
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NEGATIVE IMPACT
Box Inc's lower than expected Q3 EPS and revenue forecasts may negatively impact its stock price.
Box Inc's projected Q3 EPS and revenue are both lower than the estimates. This indicates that the company's performance may not meet market expectations, which could lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100