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What’s Ahead Wednesday: Cloud Storage Company Posts Q4 Results

June 13, 2023
in Trade Tube
Reading Time: 1 min read
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In ‘What’s Ahead on Wall Street’ for Wednesday Mar. 9, earnings season is winding down but it’s not over yet. The companies on our radar include Vera Bradley (VRA), reporting in the morning, followed by Square (SQ) and Box (BOX) in the afternoon. When the cloud storage company releases its financial results, Wall Street is expecting a loss of $0.29 a share on revenue of nearly $82 million. Both the top and bottom line are projected to grow from a year ago. After going public in January last year, Box has been continually investing in security, compliance and administrative technology. Their goal is to facilitate how customers store, share and collaborate on files online. On the economic calendar, investors will get MBA mortgage applications data in the morning, followed by wholesale trade and the weekly oil inventory numbers shortly after. TheStreet’s U-Jin Lee reports from Wall Street.

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