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Box Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
BOXBox(BOX) Benzinga·2024-12-02 15:53

Core Insights - Box, Inc. is set to release its third-quarter earnings results on December 3, with analysts expecting earnings of 42 cents per share, an increase from 36 cents per share in the same period last year [1][2]. - The company projects revenue of 275.1millionfortherecentquarter,comparedto275.1 million for the recent quarter, compared to 261.54 million a year earlier [2]. Analyst Ratings - Morgan Stanley analyst Josh Baer maintained an Equal-Weight rating and raised the price target from 30to30 to 33 [2]. - Citigroup analyst Steven Enders maintained a Buy rating and increased the price target from 32to32 to 34 [2]. - UBS analyst Rich Hilliker maintained a Buy rating but cut the price target from 34to34 to 31 [2]. - JMP Securities analyst Erik Suppiger reiterated a Market Outperform rating with a price target of 32[2].JPMorgananalystPinjalimBoramaintainedanOverweightratingandboostedthepricetargetfrom32 [2]. - JP Morgan analyst Pinjalim Bora maintained an Overweight rating and boosted the price target from 31 to 32[2].StockPerformanceBoxsharesgained0.132 [2]. Stock Performance - Box shares gained 0.1% to close at 35.09 on the last trading day [2].