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Box, Hewlett Packard Enterprise, and Sportsman's Warehouse: Stock Movements on Financial Results

  • May 30th, 2023
  • 215 views

Box, Inc. (NYSE: BOX), a leading cloud content management platform, has reported its first-quarter fiscal 2024 financial results. 

The company has exceeded its guidance ranges, delivering strong revenue, operating margin, and EPS. With adjusted EPS of $0.32, surpassing the consensus estimate of $0.27, Box has demonstrated robust performance. 

Currently, $BOX is trading at $28.97, indicating an increase of $0.95 or 3.39% in after-hours.

Hewlett Packard Enterprise Company (NYSE: HPE), a global provider of technology solutions, has released its second-quarter fiscal 2023 results. 

The company has reported adjusted EPS of $0.52, surpassing the consensus estimate of $0.48. Furthermore, HPE has raised its guidance for fiscal 2023 non-GAAP diluted net EPS, expecting it to be in the range of $2.06 to $2.14. 

However, $HPE is currently trading at $14.94 in after-hours, indicating a decrease of $0.58 or 3.74%.

Sportsman's Warehouse Holdings, Inc. (Nasdaq: SPWH), a retailer specializing in outdoor sporting goods, has reported a loss of $0.39 per share for the first quarter of 2023. This result is higher than the consensus estimate of a loss of $0.29 per share. 

The company attributed its results to challenging macroeconomic conditions and unfavorable weather conditions, including extreme snow levels and unusually wet weather in the Western United States. 

Currently, $SPWH is trading at $5.10 in after-hours, reflecting a decrease of $0.39 or 7.10%

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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