Box Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings

Box, Inc. (NYSE:BOX) will release earnings for its first quarter after the closing bell on Tuesday, May 26.

Analysts expect the Redwood City, California-based company to report quarterly earnings of 36 cents per share, up from 30 cents per share in the year-ago period. The consensus estimate for Box's quarterly revenue is $304.09 million (it reported $276.27 million last year), according to Benzinga Pro.

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On March 19, Box announced a new $500 million share repurchase program.

Box shares gained 2% to close at $25.90 on Friday.