Box topped Q4 earnings estimates, missed on revenue
Box, Inc. (BOX) shares are currently swinging higher in Tuesday's extended trading hours after the cloud developer shared mixed fourth-quarter earnings results. Box missed revenue forecasts by an inch, posting $262.9 million, while seeing earnings gains of $0.42 per share.
Yahoo Finance Live monitors the trajectory of Box's stock over the past year.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.
Video Transcript
[AUDIO LOGO]
- Well, Box reporting, and it looks like we're battling here in the after hours, looking at what we're going to be doing here. We're down now, it looks like we're battling back to flat line up. Let's get some of the numbers. EPS beats, that was $0.42 versus $0.39. Revenue was basically in line at $262.9 million. Looking ahead, Q1 EPS, they are calling for $0.35 to $0.36, estimates $0.38, so a miss there. Q1 revenue $261 to $263 is what they're calling for, street was at $261.4 million, Julie.
- Yeah. And the stock is, even though it's up year to date it's down about 4% over the past year. And analysts are not super enthusiastic. I mean, we've got what about 69% of the analysts who cover it rated a buy, that's nine, about 23% hold, and we got one sell on the stock as well. So we'll see if they keep the momentum going from this earnings report.
- Heading into this one. It was up about 10% so far this year. It was basically flat though over the last 12 months. But it looks like at least initially, we're bouncing all around. We'll see what shakes out. Sometimes the conference call helps give a little more confidence or less confidence as we know.
- Yeah. We'll see.
