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What to Watch: Box Gets Ready to Report Earnings on Wednesday

July 9, 2023
in Trade Tube
Reading Time: 1 min read
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On Wednesday, June 10 TheStreet keeps an eye on three companies that are scheduled to report their quarterly financial results along with a few economic data to watch on Wall Street. The notable earnings for the day include Box Inc (BOX), Krispy Kreme Doughnuts (KKD), and Men’s Wearhouse Inc (MW). Cloud-storage company, Box, which went public earlier this year is expected to post a loss of 31 cents a share on sales of about $63 million for the period. TheStreet’s Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio says he’s not expecting a big upside, but a better conference call compared to last quarter. He added that the company is undervalued compared to the privately held peer company, Dropbox. On to the economic calendar, we keep our eyes on mortgage applications by the Mortgage Bankers’ Association, the EIA’s petroleum status report, and the treasury budget. TheStreet’s Kurumi Fukushima reports in New York.

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