Box (NYSE:BOX) reported its Q4 earnings results on Wednesday, March 2, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Box beat estimated earnings by 4.35%, reporting an EPS of $0.24 versus an estimate of $0.23.
Revenue was up $34.45 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 10.25% increase in the share price the next day.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Box management provided guidance for their next quarter, expecting earnings between $0.24 and $0.25 per share for the next quarter.
This represents a 2.08% in quarter-over-quarter growth for Box, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
