BOX Sees FY25 Adj. EPS $1.64-$1.66 Vs $1.57 Est.; Revenue $1.086B-$1.09B Vs $1.079B Est.
Portfolio Pulse from Benzinga Newsdesk
BOX has raised its FY25 adjusted EPS guidance to $1.64-$1.66, surpassing the previous estimate of $1.57. Additionally, BOX's revenue forecast for FY25 is now $1.086B-$1.09B, exceeding the prior estimate of $1.079B.
August 27, 2024 | 8:08 pm
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BOX has increased its FY25 adjusted EPS guidance to $1.64-$1.66, above the previous estimate of $1.57. Revenue forecast is also raised to $1.086B-$1.09B, exceeding the prior estimate of $1.079B.
The upward revision in both EPS and revenue guidance indicates strong business performance and positive future prospects, likely leading to a positive short-term impact on BOX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100