BOX (NYSE:BOX – Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.64-1.66 for the period, compared to the consensus estimate of $1.59. The company issued revenue guidance of $1.086-1.090 billion, compared to the consensus revenue estimate of $1.08 billion. BOX also updated its FY 2025 guidance to 1.640-1.660 EPS.
BOX Trading Up 0.6 %
BOX stock traded up $0.16 during midday trading on Tuesday, hitting $28.82. 3,062,756 shares of the stock were exchanged, compared to its average volume of 1,879,888. BOX has a fifty-two week low of $23.29 and a fifty-two week high of $30.94. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 39.48 and a beta of 0.86. The stock’s 50-day simple moving average is $26.85 and its 200 day simple moving average is $26.99.
BOX (NYSE:BOX – Get Free Report) last released its quarterly earnings data on Tuesday, May 28th. The software maker reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.03. BOX had a net margin of 13.13% and a negative return on equity of 11.71%. The firm had revenue of $264.66 million during the quarter, compared to analysts’ expectations of $261.65 million. Equities analysts anticipate that BOX will post 0.19 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on BOX
Insider Activity
In other news, CFO Dylan C. Smith sold 13,000 shares of BOX stock in a transaction on Wednesday, July 10th. The shares were sold at an average price of $24.97, for a total value of $324,610.00. Following the transaction, the chief financial officer now directly owns 1,526,661 shares of the company’s stock, valued at approximately $38,120,725.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other BOX news, CFO Dylan C. Smith sold 13,000 shares of the business’s stock in a transaction on Wednesday, July 10th. The shares were sold at an average price of $24.97, for a total value of $324,610.00. Following the transaction, the chief financial officer now directly owns 1,526,661 shares of the company’s stock, valued at approximately $38,120,725.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Eli Berkovitch sold 2,500 shares of the business’s stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of $25.25, for a total transaction of $63,125.00. Following the completion of the transaction, the vice president now directly owns 147,232 shares in the company, valued at $3,717,608. The disclosure for this sale can be found here. Insiders have sold 59,560 shares of company stock valued at $1,556,440 in the last ninety days. 4.10% of the stock is currently owned by company insiders.
About BOX
Box, Inc provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The company's Software-as-a-Service platform enables users to work with their content as they need from secure external collaboration and sharing, workspaces and portals, e-signature processes, and content workflows improving employee productivity and accelerating business processes.
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