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What's in the Cards for Box, Inc. (BOX) in Q4 Earnings?
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Box, Inc. (BOX - Free Report) is set to report fourth-quarter fiscal 2017 results on Mar 1. Last quarter, the company posted a positive earnings surprise of 14.29%.
Coming to the price performance, the company has been steadily treading higher over the last one year. The stock generated a return of 47.85% compared with the Zacks Internet-Software industry's gain of 18.24%.
Let’s see how things are shaping up for this announcement.
Factors at Play
Box incurred fiscal third-quarter loss of 30 cents per share, lower than the Zacks Consensus Estimate by 14.29%. However, revenues of $102.8 million were up 31% year over year driven by strong growth in billings.
The company has been continuously investing in security, compliance and administrative technology, and plans to hire more sales personnel. These investments and partnerships with leading enterprises, namely Cognizant, Google and Adobe among others, will help the company to capitalize on increasing adoption of cloud computing technologies and the need for secure collaboration.
However, continuous investments in research and development could dent margins as well as profits going ahead.
For the fourth quarter of fiscal 2017, the company expects to report revenues in the range of $108–$109 million and non-GAAP loss per share of 14 cents to 13 cents.
Earnings Whispers
Our proven model does not conclusively show that Box will beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below.
Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss of 30 cents. Hence, the difference is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Box has a Zacks Rank #3. We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Kosmos Energy Ltd. (KOS - Free Report) with an Earnings ESP of +100.00% and a Zacks Rank #2.
Emerge Energy Services LP with an Earnings ESP of +1.32% and a Zacks Rank #2.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>
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What's in the Cards for Box, Inc. (BOX) in Q4 Earnings?
Box, Inc. (BOX - Free Report) is set to report fourth-quarter fiscal 2017 results on Mar 1. Last quarter, the company posted a positive earnings surprise of 14.29%.
Coming to the price performance, the company has been steadily treading higher over the last one year. The stock generated a return of 47.85% compared with the Zacks Internet-Software industry's gain of 18.24%.
Let’s see how things are shaping up for this announcement.
Factors at Play
Box incurred fiscal third-quarter loss of 30 cents per share, lower than the Zacks Consensus Estimate by 14.29%. However, revenues of $102.8 million were up 31% year over year driven by strong growth in billings.
The company has been continuously investing in security, compliance and administrative technology, and plans to hire more sales personnel. These investments and partnerships with leading enterprises, namely Cognizant, Google and Adobe among others, will help the company to capitalize on increasing adoption of cloud computing technologies and the need for secure collaboration.
However, continuous investments in research and development could dent margins as well as profits going ahead.
For the fourth quarter of fiscal 2017, the company expects to report revenues in the range of $108–$109 million and non-GAAP loss per share of 14 cents to 13 cents.
Earnings Whispers
Our proven model does not conclusively show that Box will beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below.
Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss of 30 cents. Hence, the difference is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Box has a Zacks Rank #3. We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Box, Inc. Price and EPS Surprise
Box, Inc. Price and EPS Surprise | Box, Inc. Quote
Stocks to Consider
You could consider the following stocks with a positive Earnings ESP and a favorable Zacks Rank:
Exelixis, Inc (EXEL - Free Report) with an Earnings ESP of +200.00% and a Zacks Rank #2.You can see the complete list of today’s Zacks #1 Rank stocks here.
Kosmos Energy Ltd. (KOS - Free Report) with an Earnings ESP of +100.00% and a Zacks Rank #2.
Emerge Energy Services LP with an Earnings ESP of +1.32% and a Zacks Rank #2.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>