Box (BOX) Beats Q3 Earnings and Revenue Estimates

Core Viewpoint - Box reported quarterly earnings of $0.45 per share, exceeding the Zacks Consensus Estimate of$0.42 per share, and showing an increase from $0.36 per share a year ago, indicating a positive earnings surprise of 7.14$275.91 million, surpassing the Zacks Consensus Estimate by 0.32%, and up from $261.54 million year-over-year [2] - The company has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] Stock Performance - Box shares have increased approximately 37.1$0.40, with expected revenues of $278.44 million, and for the current fiscal year, the estimate is$1.65 on $1.09 billion in revenues [8] - The estimate revisions trend for Box is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [7] Industry Context - The Internet - Software industry, to which Box belongs, is currently ranked in the top 14% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9]