$0.04 Earnings Per Share Expected for Boxlight Corp (BOXL) This Quarter

Brokerages forecast that Boxlight Corp (NASDAQ:BOXL) will announce earnings per share of $0.04 for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Boxlight’s earnings, with the highest EPS estimate coming in at $0.06 and the lowest estimate coming in at $0.02. The company is expected to announce its next quarterly earnings results after the market closes on Tuesday, November 13th.

On average, analysts expect that Boxlight will report full year earnings of ($0.57) per share for the current financial year, with EPS estimates ranging from ($0.65) to ($0.49). For the next fiscal year, analysts expect that the firm will post earnings of ($0.20) per share, with EPS estimates ranging from ($0.24) to ($0.15). Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Boxlight.

Boxlight (NASDAQ:BOXL) last announced its quarterly earnings results on Thursday, August 16th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.01. The firm had revenue of $9.66 million for the quarter, compared to the consensus estimate of $7.06 million.

Separately, Zacks Investment Research raised Boxlight from a “hold” rating to a “buy” rating and set a $4.00 price target for the company in a research note on Tuesday, July 31st.

Boxlight stock traded down $0.98 during midday trading on Wednesday, reaching $2.72. 69,103 shares of the stock traded hands, compared to its average volume of 109,658. Boxlight has a 12 month low of $1.57 and a 12 month high of $17.40. The firm has a market cap of $19.09 million and a PE ratio of -2.03. The company has a current ratio of 0.86, a quick ratio of 0.61 and a debt-to-equity ratio of 0.06.

Boxlight Company Profile

Boxlight Corporation, a visual display technology company, sells educational products for the learning market in the United States and internationally. The company designs, produces, and distributes a range of interactive classroom technology products primarily targeted at the K-12 education market. Its products include interactive projectors, interactive flat panel displays, interactive touch projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems.

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Earnings History and Estimates for Boxlight (NASDAQ:BOXL)

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