Box Shares Slide 4% as Weak Guidance Overshadows Q…
From Financial Modeling Prep: 2025-03-05 12:53:00
Box (NYSE:BOX) beat Q4 earnings estimates with an EPS of $0.42 on revenue of $279.5 million, up 6% YoY. However, stock fell 4% as Q1 guidance missed expectations, with projected EPS of $0.25-$0.26 and revenue of $274-$275 million. Full-year forecast of $1.13-$1.17 EPS also disappointed investors.
CEO Aaron Levie touted AI innovations and Enterprise Advanced launch, but Box’s outlook for fiscal 2026 failed to impress. Despite revenue projections aligning with estimates, stock tumbled due to lower-than-expected EPS guidance for both Q1 and full year. Market reaction remained negative despite positive developments.
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