Black Box Corporation (BBOX) Set to Announce Quarterly Earnings on Tuesday

Black Box Corporation (NASDAQ:BBOX) will issue its quarterly earnings data after the market closes on Tuesday, October 31st. Analysts expect the company to announce earnings of ($0.24) per share for the quarter.

Black Box Corporation (NASDAQ:BBOX) last posted its earnings results on Thursday, August 10th. The technology company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.34). The company had revenue of $191.60 million for the quarter, compared to analyst estimates of $207.63 million. Black Box Corporation had a positive return on equity of 3.05% and a negative net margin of 1.97%. The business’s quarterly revenue was down 12.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.13 EPS. On average, analysts expect Black Box Corporation to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Black Box Corporation (NASDAQ:BBOX) opened at 3.00 on Friday. The stock’s 50 day moving average is $3.22 and its 200-day moving average is $6.49. The firm’s market cap is $45.41 million. Black Box Corporation has a 1-year low of $2.85 and a 1-year high of $17.05.

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Separately, Sidoti downgraded shares of Black Box Corporation from a “buy” rating to a “neutral” rating in a report on Friday, August 11th.

In other Black Box Corporation news, Director John S. Heller acquired 10,000 shares of the company’s stock in a transaction on Monday, August 14th. The shares were acquired at an average cost of $4.35 per share, with a total value of $43,500.00. Following the completion of the acquisition, the director now directly owns 52,320 shares in the company, valued at $227,592. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.70% of the stock is owned by corporate insiders.

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.

Earnings History for Black Box Corporation (NASDAQ:BBOX)

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