NEW YORK (TheStreet) -- Shares of Box Inc (BOX) were slightly down 0.06% to $16.91 in early market trading Wednesday, ahead of the online data storage provider's first-quarter earnings release after the market closes later today.
Box, a cloud-storage company which went public earlier this year, is expected to post a loss of 31 cents per share on sales of $63.7 million, according to analysts surveyed by Thomson Reuters.
TheStreet's Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio said he's not expecting a big upside, but a better conference call compared to last quarter.
Cramer thinks that Box had a "horrendous" conference call, and is looking for a better narrative this time around.
He believes the company is "substantially" undervalued compared to its privately-held rival Dropbox.
Los Altos, Calif.-based Box has about 32 million users, compared with about 300 million for Dropbox.
Box is a provider of a cloud platform engaged in storing, sharing and managing various company files with services including secure file sharing, professional services and support, enterprise security and file synchronization.