Black Box Corp. (BBOX) Posts Quarterly Earnings, Misses Estimates By $0.04 EPS
Black Box Corp. (NASDAQ:BBOX) released its earnings data on Tuesday. The company reported $0.60 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.64 by $0.04, Analyst Ratings.Net reports. The company had revenue of $246.80 million for the quarter, compared to the consensus estimate of $260.20 million. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue was down 5.1% on a year-over-year basis. Black Box Corp. updated its Q3 guidance to $0.45-0.50 EPS and its FY14 guidance to $2.00-2.10 EPS.
Black Box Corp. (NASDAQ:BBOX) traded up 2.44% on Tuesday, hitting $31.43. 48,795 shares of the company’s stock traded hands. Black Box Corp. has a one year low of $19.31 and a one year high of $29.38. The stock has a 50-day moving average of $28.13 and a 200-day moving average of $25.47. The company has a market cap of $504.7 million and a price-to-earnings ratio of 16.81.
Black Box Corporation (NASDAQ:BBOX) is a communications system integrator focusing on designing, sourcing, implementing and maintaining communications solutions.
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