Compared to Estimates, Box (BOX) Q4 Earnings: A Look at Key Metrics

Core Insights - Box reported revenue of $262.88 million for the quarter ended January 2024, reflecting a year-over-year increase of 2.5% [1] - Earnings per share (EPS) for the quarter was $0.42, up from $0.37 in the same quarter last year [1] - The revenue slightly missed the Zacks Consensus Estimate of $262.92 million by 0.02%, while the EPS exceeded the consensus estimate of $0.38 by 10.53% [1] Financial Metrics - Billings for the quarter were $379.28 million, surpassing the average estimate of $371.54 million from six analysts [2] - The billings growth rate was 6%, exceeding the five-analyst average estimate of 4.2% [2] - Remaining performance obligations (RPO) at period end were $1.31 billion, matching the two-analyst average estimate [2] Stock Performance - Box shares have returned +6.5% over the past month, outperforming the Zacks S&P 500 composite's +3.6% change [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [2]