Box shares are trading lower after the company issued Q3 EPS, Q3 sales and FY24 sales guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Box's shares are trading lower after the company issued Q3 EPS, Q3 sales and FY24 sales guidance below estimates.
August 29, 2023 | 8:21 pm
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NEGATIVE IMPACT
Box's stock price is trading lower due to the company's lower than expected Q3 EPS, Q3 sales and FY24 sales guidance.
Box's shares are trading lower as the company's Q3 EPS, Q3 sales and FY24 sales guidance were below estimates. This indicates that the company's financial performance is not meeting market expectations, which negatively impacts investor sentiment and drives the stock price down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100