Unlocking Q4 Potential of Box (BOX): Exploring Wall Street Estimates for Key Metrics

Core Insights - Box (BOX) is expected to report quarterly earnings of $0.38 per share, a 2.7% increase year-over-year, with revenues projected at $262.92 million, reflecting a 2.5% year-over-year growth [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1] - Analysts emphasize the importance of earnings projections revisions in predicting investor reactions and stock price movements [1] Financial Metrics - Analysts forecast 'Billings' to reach $371.54 million, up from $357.10 million a year ago [2] - The consensus estimate for 'Billings growth rate' is 4.2%, down from 6% in the previous year [2] - 'Remaining performance obligations (RPO)' are expected to reach $1.31 billion, compared to $1.25 billion a year ago [2] Stock Performance - Over the past month, Box shares have declined by 2.5%, while the Zacks S&P 500 composite has increased by 3.9% [3] - Box holds a Zacks Rank of 3 (Hold), suggesting its performance will likely align with the overall market in the near term [3]