Brokerages Anticipate Boxlight Corp (BOXL) to Announce $0.04 Earnings Per Share
Boxlight Corp (NASDAQ:BOXL) has been given a consensus broker rating score of 2.00 (Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating.
Analysts have set a 12-month consensus price objective of $8.00 for the company and are forecasting that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Boxlight an industry rank of 162 out of 255 based on the ratings given to its competitors.
Several brokerages have issued reports on BOXL. Taglich Brothers set a $9.00 price objective on Boxlight and gave the company a “buy” rating in a research note on Saturday, June 2nd. Zacks Investment Research cut Boxlight from a “hold” rating to a “sell” rating in a research note on Friday, June 1st.
Boxlight (NASDAQ:BOXL) last released its quarterly earnings results on Thursday, August 16th. The company reported ($0.13) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.01. The business had revenue of $9.66 million during the quarter, compared to analyst estimates of $7.06 million. equities research analysts predict that Boxlight will post -0.57 EPS for the current year.
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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