The Country Caller takes a look at Guess and Box before their earnings release today
Guess?, Inc. (NYSE:GES) and Box Inc. (NYSE:BOX) are expected to post their quarterly results after the closing bell on November 30. Both companies will announce their results for the third quarter of fiscal year 2017 (3QFY17). It appears that both companies will outperform Street expectations on top and bottom lines.
Guess is all-set to post its 3QFY17 results after the closing bell today. Wall Street analysts expect the company to post earnings per share (EPS) of 14 cents, representing an increase of 6.67% year-over-year (YoY). Moreover, analysts also predict earnings to remain flat on a quarter-over-quarter (QoQ) basis. Earningswhispers.com expects GES to post EPS of 16 cents, meeting the higher-end of the company’s EPS guidance of 11-16 cents.
Furthermore, revenue is expected to clock in at $551.16 million, which would represent an increase of 5.8% YoY, and would be in-line with the company’s revenue increase outlook of 5-8%. Estimize.com expects to company to post revenue of $552.79 million.
Box Inc. is expected to post its results after market closes today. Analysts expect loss per share (LPS) of 19 cents. The company’s LPS outlook stands at 19-20 cents. Earningswhispers.com expects the company to further lower its loss to 17 cents. Additionally, the California-based company announced LPS of 14 cents in the preceding quarter.
Moreover, the consensus revenue estimate stands at $100.72 million. Analysts predict the cloud storage business to meet its revenue guidance of $100-101 million, and they expect revenue to rise about 28% YoY. Estimize.com revenue forecast stands at $101.35 million.