Stocks · News reference
Box (NYSE:BOX) lowers FY2027 Adj EPS guidance from $1.56 to $1.54 vs $1.58 analyst estimate. Raises FY2027 sales outlook from $1.280 billion to $1.290 billion vs $1.281 billion estimate.
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Box stock rose 1.18% on Wednesday following second-quarter earnings that met expectations. The company reported record revenue of $321 million (up 9% YoY) and adjusted net income of $0.40 per share. Box raised full-year revenue guidance to $1.29 billion but slightly lowered profitability guidance to $1.54 per share. Growth was driven by adoption of the Enterprise Advanced plan as clients scale AI capabilities.
Read original at the-motley-foolMorgan Stanley analyst Josh Baer maintains Box (NYSE:BOX) with a Equal-Weight and raises the price target from $33 to $36.
Read original at benzingaCitigroup analyst Steven Enders maintains Box (NYSE:BOX) with a Buy and raises the price target from $37 to $40.
Read original at benzingaBox, Inc. (NYSE:BOX)'s Q2 earnings met expectations and raised sales forecast. Analysts have mixed opinions with price target changes.
Read original at benzinga