-=Box (BOX) reported earnings on Tue 26 Nov 2019 (a/h)

 Box reports EPS in-line, beats on revs; guides Q4 EPS in-line, revs above consensus

Reports Q3 (Oct) loss of $0.01 per share, excluding non-recurring items, in-line with the S&P Capital IQ Consensus of ($0.01); revenues rose 13.7% year/year to $177 mln vs the $174 mln S&P Capital IQ Consensus. Remaining performance obligations as of October 31, 2019 were $636.0 million, an increase of 5% from the third quarter of fiscal year 2019

Co issues guidance for Q4, sees EPS of $0.04-0.05, excluding non-recurring items, vs. $0.04 S&P Capital IQ Consensus; sees Q4 revs of $181-182 mln vs. $180.72 mln S&P Capital IQ Consensus.

"In Q3, we delivered operational efficiencies on our path to achieving our first full year of non-GAAP profitability in FY20, and we are committed to delivering significant improvements in operating margin in FY21 and beyond."

Earnings this week : Nov 25 - 29, 19 (wk 48)

Monday (Nov 25)

• Morning: JEC
• Afternoon: A AMBA BECN CAL GBDC HPE MTSC NTNX PANW PVH SR

Tuesday (Nov 26)

• Morning: ANF AMWD ADI BNS BBY BITA BURL CHS CBRL DKS DLTR DY EV HRL MOMO MOV TECH TITN
• Afternoon: ADSK BOX CENT DELL GES HPQ KEYS QADA VEEV VMW

Wednesday (Nov 27)

• Morning: DAKT DE DOYU FRO UXIN

Thursday (Nov 28)

• Holiday (Thanksgiving)

Friday (Nov 29) 

Stock market will close early at 1:00 p.m. on Friday, November 29, 2019 (the day after Thanksgiving).

• none

=Box (BOX) reported earnings on Mon 3 June 19 (a/h)

Box beats by $0.02, reports revs in-line; guides Q2 EPS in-line, revs below consensus; raises FY20 EPS above consensus, lowers revs below consensus

• Reports Q1 (Apr) loss of $0.03 per share, $0.02 better than the S&P Capital IQ Consensus of ($0.05); revenues rose 16.0% year/year to $163 mln vs the $161.46 mln S&P Capital IQ Consensus.
• Co issues guidance for Q2, sees EPS of ($0.02)-(0.01), excluding non-recurring items, vs. ($0.02) S&P Capital IQ Consensus; sees Q2 revs of $169-170 mln vs. $170.89 mln S&P Capital IQ Consensus.
• Co issues mixed guidance for FY20, raises EPS to $0.00-0.02 from ($0.03)-0.01, excluding non-recurring items, vs. ($0.02) S&P Capital IQ Consensus; raises FY20 revs to $688-692 mln from $700-704 mln vs. $702.06 mln S&P Capital IQ Consensus.
• "In the first quarter, we drove record add-on product attach rates of more than 90% across our six-figure deals. Customers are increasingly adopting Box as a platform for secure content management, workflow, and collaboration," said Aaron Levie, co-founder and CEO of Box. "While we are encouraged by the demand for these larger, more strategic deployments, these deals often have longer sales cycles, which is reflected in our updated guidance. Our go-to-market initiatives, in combination with our expanded product portfolio, will enable us to improve sales productivity and meet the demand for Cloud Content Management."

Earnings this week : June 3 - 7, 19 (wk 23)

Monday (June 3)

• Afternoon: BOX CAL COUP GSM

Tuesday (June 4)

• Morning: CBRL CMD DCI LE NAV TIF
• Afternoon: AMBA CRM GME GWRE HQY NX PVTL

Wednesday (June 5)

• Morning: AEO BF.B CPB GIII SCWX VRA
• Afternoon: ABM CLDR ESTC FIVE GEF MDB REVG SMAR SFIX UNFI

Thursday (June 6)

• Morning: CIEN HOME KIRK MIK SAIC SIG SJM
• Afternoon: BYND DOCU DOMO GES OLLI PD PRSP MTN ZM ZUMZ

Friday (June 7) 
None

• Monday: May ISM Manufacturing Index (prior 52.8) and April Construction Spending (prior -0.9%) at 10:00 ET
• Tuesday: April Factory Orders (prior 1.9%) at 10:00 ET
• Wednesday: Weekly MBA Mortgage Index (prior -3.3%) at 7:00 ET; May ADP Employment Change (prior 275,000) at 8:15 ET; May ISM Non-Manufacturing Index (prior 55.5) at 10:00 ET; weekly crude oil inventories (prior -300,000) at 10:30 ET; and Fed's June Beige Book at 14:00 ET
• Thursday: Weekly Initial Claims (prior 215,000), Continuing Claims (prior 1.657 mln), April Trade Balance (prior -$50.00 bln), Q1 Revised Productivity (prior 3.6%) and Q1 Revised Unit Labor Costs (prior -0.9%) at 8:30 ET; and weekly natural gas inventories (prior +114 bcf) at 10:30 ET
• Friday: May Nonfarm Payrolls (prior 263,000), Nonfarm Private Payrolls (prior 236,000), Average Hourly Earnings (prior 0.2%), Unemployment Rate (prior 3.6%), and Average Workweek (prior 34.4) at 8:30 ET; April Wholesale Inventories (prior -0.1%) at 10:00 ET; and April Consumer Credit (prior $10.30 bln) at 15:00 ET

=Box (BOX) reported earnings on Wed 27 Feb 19 (a/h)

Box beats by $0.04, reports revs in-line; guides Q1 EPS below consensus, revs below consensus; guides FY20 EPS below consensus, revs below consensus

• Reports Q4 (Jan) earnings of $0.06 per share, $0.04 better than the S&P Capital IQ Consensus of $0.02; revenues rose 19.8% year/year to $163.7 mln vs the $164.16 mln S&P Capital IQ Consensus.
• Billings for the fourth quarter of fiscal year 2019 were $237.7 million, an increase of 16% from the fourth quarter of fiscal year 2018.
• Co issues downside guidance for Q1, sees EPS of ($0.29)-($0.28) vs. ($0.01) S&P Capital IQ Consensus; sees Q1 revs of $161-$162 mln vs. $169.81 mln S&P Capital IQ Consensus.
• Co issues downside guidance for FY20, sees EPS of ($0.03)-$0.01 vs. $0.03 S&P Capital IQ Consensus; sees FY20 revs of $700-$704 mln vs. $732.76 mln S&P Capital IQ Consensus.
• Commentary: "While our Q4 billings results were below our expectations -- driven by underperformance in EMEA and longer sales cycles for some seven-figure deals -- we are encouraged by overall customer momentum and demand for cloud content management. Looking to FY20, we are confident that our leadership position enables us to disrupt the legacy content management market and help our customers accelerate their digital transformation."

Earnings this week : Feb. 25 - March 1, 2019 (wk 9)

Earnings confirmed to report this week:

Monday (Feb 25)

• Morning: PLAN AWI CRI DORM KOS MDR TEN
• Afternoon:  ALSN APLE APTS ATH AWR BWXT CDEV CORT CRZO DDS  DRH ELGX EPR ETSY EVER FBM FRAC FRGI GSM HNI HTZ IMMU JBT KAMN KBR LDL LSI MEDP MOS NGHC NLS OFIX OKE PBPB PEB PLOW PODD QTS RCII RP RRC SHAK SNHY SYKE THC TRTX TWOU XENT

Tuesday (Feb 26)

• Morning:  AMWD ATHM AVNS AZO BCC BLD BMO BNS BPMC CBRL CLVS DISCA DSX FCN HD LGIH LNG M MNK NCI NXST PRFT RHP RLGY SAFM SDRL SERV SFL SJM SPNS SRE SSTK TA TLRA TPH TREE TRI TRXC USCR VCEL VSI WP WYND XHR
• Afternoon:  AAXN ACAD AKCA ARNA AXGN BGS BNFT CERS CGBD CIR CLGX CPE CSGP CW DRQ DVAX ELF ENPH EOG EVH FOXF FRPT FTR GWPH HEI HPR HURN HY ICFI IMAX IMMR INGN INN INSP JAZZ JBGS MASI MED MELI MGRC MMSI MTDR MYL NBR OAS ORA OUT PANW PEN PLNT PSA PUMP PZZA RRD RRGB RTRX SE SUPN SYX TIVO TNDM TOL VEEV WLL WMGI WTTR WTW

Wednesday (Feb 27)

• Morning:  AES AMRN AMT ANIP BBY CHK CLH CPB DF DNR DOC DY EYE FTDR GCP GTE HMLP HPT HZNP IONS LIVN LOW LXP MDCO MGPI MIDD NEWM NOVT OCN ODP PEG PGTI PNM RDC SBGI SHOO TAST TJX UTHR WAAS 
• Afternoon:  AEGN ALEX AMED ANSS APA ATSG AYX BEL BGNE BILI BKNG BOLD BOX CABO CCRN CHDN COLL CRC CVNA CWK DAR ECPG ERI ESTC ESV FG FIT FOE FTAI FTSI GEF GKOS HGV HHC HPQ ITRI KRA KW LADR LB LHCG MNST NNI ORBC PDCE PK PRAH PRGO PRSC QRTE.A SEMG SJI SOI SQ SRI SRPT STAY SWX TDOC TPC TROX TWNK UHS WIFI WING WTI XLRN

Thursday (Feb 28)

• Morning: AAON ABB ACIW AKRX AMCX AMRX BCPC BID BMCH BPMP BUD CARS CM CMD CNP CRAI CROX CWEN CWT DAVA DEA EGRX ENDP EXLS FOLD FRO FSS GOLF GTN GTS GTT HMHC HRI IBP ICPT IRDM JCP JD KDP LAUR LKQ MGLN MYE NLSN NOMD NRG OPI OXSQ PCRX PDCO PRIM PRTY SEAS SPAR STWD SYNH TD TRS TTI VAC VRTV VST
• Afternoon:  DDD ACHC AIMT ALRM AQN ALTR AMBC AMC APPF AGO ATRC ADSK EQH BIO BLDR CARG CSLT CISN SCOR DELL DCO EIX EDIT FTCH FNKO GCAP GPS GSBD HABT ICUI XON JAG KTOS LYV MAIN MAR MTZ MAXR MBI NKTR NPTN JWN NTNX PLYA PRAA PTCT PBYI PSTG KWR RDUS RBA RLJ SGMO SRG SWN SPPI SPLK SRCL RUN TRHC TCMD TERP TPIC UPWK VMW WDAY ZIXI ZGNX ZS WUBA 

Friday (March 1)

• Morning:  ASTE CLNY CORE XRAY EBIX FL KOP NWN PEGI PTLA SSP SNH STRA TGNA TRCO 

******

• Monday: December Wholesale Inventories (Briefing.com consensus 0.4%; prior 0.3%) at 10:00 ET; $40 bln 2-yr Treasury note auction results at 11:30 ET; and $41 bln 5-yr Treasury note auction results at 13:00 ET
• Tuesday: December S&P Case-Shiller Home Price Index (Briefing.com consensus 4.5%; prior 4.7%) at 8:00 ET; December Housing Starts (Briefing.com consensus 1254K; prior 1256K) and Building Permits (Briefing.com consensus 1290K; prior 1328K) at 8:30 ET; December FHFA Housing Price Index (prior 0.4%) at 9:00 ET; February Consumer Confidence (Briefing.com consensus 125.0; prior 120.2) at 10:00 ET; and $32 bln 7-yr Treasury note auction results at 13:00 ET
• Wednesday: Weekly MBA Mortgage Index (prior 3.6%) at 7:00 ET; January Advance Intl. Trade in Goods; Advance Retail Inventories; and Advance Wholesale Inventories at 8:30 ET; December Factory Orders (Briefing.com consensus 1.0%; prior -0.6%), Fed Chair Powell Semi-Annual Monetary Policy Testimony, and January Pending Home Sales (Briefing.com consensus -0.4%; prior -2.2%) at 10:00 ET; and Weekly EIA Crude Oil Inventories (prior +3.7M) at 10:30 ET
• Thursday: Q4 GDP - Advance (Briefing.com consensus 2.3%; prior 3.4%), Q4 GDP Deflator - Advance (Briefing.com consensus 1.7%; prior 1.8%), weekly Initial Claims (Briefing.com consensus 221K; prior 216K), and Continuing Claims (prior 1725K) at 8:30 ET; February Chicago PMI (Briefing.com consensus 57.5; prior 56.7) at 9:45 ET; and weekly EIA Natural Gas Inventories (prior -177 bcf) at 10:30 ET
• Friday: December Personal Income (Briefing.com consensus 0.3%; prior 0.2%), Personal Spending (Briefing.com consensus -0.2%; prior 0.4%), and January Personal Income (Briefing.com consensus 0.3%) at 8:30 ET; February ISM Manufacturing Index (Briefing.com consensus 56.0; prior 56.6), and Final February Michigan Consumer Sentiment (Briefing.com consensus 95.6; prior 95.5) at 10:00 ET

=Box (BOX) reported earnings on Wed 30 May 2018 (a/h)

Box beats by $0.01, reports revs in-line; guides Q2 in-line; guides FY19 in-line 

• Reports Q1 (Apr) loss of $0.07 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of ($0.08); revenues rose 19.9% year/year to $140.5 mln vs the $139.65 mln Capital IQ Consensus. Billings of $116.7 mln, +17%; Cash Flow from Operations of $18.4 Million, +$9.9 mln
• Co issues guidance for Q2, sees EPS of ($0.06)-(0.05), excluding non-recurring items, vs. ($0.07) Capital IQ Consensus Estimate; sees Q2 revs of $146-147 mln vs. $146.24 mln Capital IQ Consensus Estimate.
• Co issues in-line guidance for FY19, sees EPS of ($0.19)-(0.16) from ($0.20-0.16), excluding non-recurring items, vs. ($0.19) Capital IQ Consensus Estimate; sees FY19 revs of $603-608 mln from $602-608 mln vs. $605.69 mln Capital IQ Consensus Estimate. 
• Co announced the appointment of Sue Barsamian, Executive Vice President, Chief Sales and Marketing Officer of Micro Focus to its Board of Directors, effective immediately.

=Box (BOX) reported earnings on Wed 28 Feb 2018 (a/h)

Box beats by $0.02, reports revs in-line 

• Reports Q4 (Jan) loss of $0.06 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of ($0.08); revenues rose 24.4% year/year to $136.7 mln vs the $136.61 mln Capital IQ Consensus.
  • Fourth Quarter Billings of $204.6 Million, Up 28 Percent Year-Over-Year
  • Fourth Quarter Cash Flow from Operations of $48.7 million, Up $34.0 Million Year-Over-Year

BOX changed its Accounting to ASC 606 from ASC 605 which impacts guidance.

• Co issuesguidance for Q1, sees EPS of ($0.09)-($0.08), may not be comparable to ($0.08) Capital IQ Consensus Estimate; sees Q1 revs of $139-140 mln, may not be comparable to $144.30 mln Capital IQ Consensus Estimate.
  • Under ASC 605, the prior revenue recognition standard, revenue would be expected to be in the range of $142 million to $143 million.
  • Under ASC 605, GAAP and non-GAAP basic and diluted earnings per share would be expected to be in the range of ($0.28) to ($0.27) and ($0.09) to ($0.08), respectively
• Co issuesguidance for FY19, sees EPS of ($0.20)-($0.16), may not be comparable to ($0.20) Capital IQ Consensus Estimate; sees FY19 revs of $602-608 mln, may not be comparable to $625.67 mln Capital IQ Consensus Estimate.
  • Under ASC 605, the prior revenue recognition standard, revenue would be expected to be in the range of $613 million to $619 million.
  • Under ASC 605, GAAP and non-GAAP basic and diluted earnings per share would be expected to be in the range of ($1.10) to ($1.06) and ($0.28) to ($0.24), respectively.

=Box (BOX) reported earnings on Wed 31 May 2017 (a/h)

Box beats and raises guidance

Box (BOX) reported slightly better than expected losses and revenue Wednesday, and shares gained in late trading. The cloud-software company reported a net loss of $40.1 million, or 30 cents a share, on sales of $117.2 million for its fiscal first quarter. After adjustments for stock-based compensation and amortization, Box reported a loss of 13 cents a share. Analysts on average expected a loss of 14 cents a share on sales of $114.7 million, according to FactSet. The company reported positive free cash flow for the second consecutive quarter, amid a push to report positive cash generation for the entire year. Box also slightly raised its full-year estimates, predicting revenue of $502 million to $506 million after previous guidance of $500 million to $504 million, with adjusted losses now expected to be 44 cents to 48 cents a share against a previous forecast of 45 cents to 49 cents a share. Box stock jumped more than 6% in immediate after-hours trading following the release of the report, hitting levels that would be a 52-week high.

Box (BOX) reported earnings Wed 2 Dec 15 (a/h)

** charts before earnings **

 

** charts after earnings **

 

Box reports EPS in-line, beats on revs; guides Q4 revs just above consensus; raises margin guidance :

• Reports Q3 (Oct) loss of $0.31 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of ($0.31); revenues rose 38.1% year/year to $78.7 mln vs the $76.76 mln Capital IQ Consensus. Billings +37% to $89.4 mln.
• Co issues upside guidance for Q4, sees Q4 revs of $81-82 mln vs. $80.82 mln Capital IQ Consensus; non-GAAP operating margin (43-44%).
• Raises FY16 non-GAAP op. margin to -46% from (47-49%).