Black Box Corporation (BBOX) to Release Earnings on Monday
Black Box Corporation (NASDAQ:BBOX) will be releasing its earnings data after the market closes on Monday, October 30th. Analysts expect Black Box Corporation to post earnings of ($0.24) per share for the quarter.
Black Box Corporation (NASDAQ:BBOX) last released its quarterly earnings data on Thursday, August 10th. The technology company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.34). Black Box Corporation had a negative net margin of 1.97% and a positive return on equity of 3.05%. The business had revenue of $191.60 million during the quarter, compared to analysts’ expectations of $207.63 million. During the same quarter in the previous year, the company posted $0.13 EPS. The company’s revenue was down 12.3% compared to the same quarter last year. On average, analysts expect Black Box Corporation to post $-0.69 EPS for the current fiscal year and $0.43 EPS for the next fiscal year.
Black Box Corporation (NASDAQ:BBOX) traded up 2.344% on Monday, hitting $3.275. The stock had a trading volume of 22,029 shares. The company’s 50 day moving average is $3.21 and its 200 day moving average is $6.68. Black Box Corporation has a 12-month low of $2.85 and a 12-month high of $17.05. The firm’s market cap is $49.57 million.
In other Black Box Corporation news, Director John S. Heller purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The shares were acquired at an average price of $4.35 per share, for a total transaction of $43,500.00. Following the completion of the purchase, the director now owns 52,320 shares in the company, valued at approximately $227,592. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 3.70% of the company’s stock.
Separately, Sidoti upgraded Black Box Corporation from a “neutral” rating to a “buy” rating and set a $10.00 price target on the stock in a research note on Tuesday, June 27th.
WARNING: This report was first reported by American Banking News and is owned by of American Banking News. If you are accessing this report on another website, it was stolen and republished in violation of United States & international trademark and copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/10/23/black-box-corporation-bbox-to-release-earnings-on-monday.html.
About Black Box Corporation
Black Box Corporation is a technology solutions provider. The Company is engaged in designing, building, managing and securing the information technology (IT) infrastructure. Offerings under the Company’s Products platform include IT infrastructure, specialty networking, multimedia and keyboard/video/mouse (KVM) switching.
Receive News & Ratings for Black Box Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Box Corporation and related companies with MarketBeat.com's FREE daily email newsletter.