Black Box Co. (BBOX) updated its FY13 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.50-2.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.48. The company issued revenue guidance of $990-995 million, compared to the consensus revenue estimate of $995.30 million.Black Box also updated its Q4 guidance to $0.51-0.56 EPS.
Shares of Black Box Co. (BBOX) traded down 1.30% during mid-day trading on Tuesday, hitting $24.22. Black Box Co. (BBOX) has a 52 week low of $19.31 and a 52 week high of $31.17. The stock?s 50-day moving average is currently $25.01. The company?s market cap is $400.5 million.
Black Box last released its earnings data on Tuesday, January 29th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.15. The company had revenue of $252.10 million for the quarter, compared to the consensus estimate of $258.50 million. During the same quarter last year, the company posted $0.85 earnings per share. Black Box?s revenue was down 8.6% compared to the same quarter last year. Black Box has set its Q4 guidance at $0.51-0.56 EPS and its FY13 guidance at $2.50-2.55 EPS. On average, analysts predict that Black Box Co. (BBOX) will post $2.48 earnings per share for the current fiscal year.
Black Box Corporation (Black Box) is a network infrastructure services provider. Black Box offers one-source network infrastructure services for communications systems.