Electronic signature solutions provider Docusign (DOCU.US) is scheduled to release its fourth-quarter financial results after the U.S. market closes on Tuesday, which corresponds to the early morning of March 18 Beijing time. Market expectations indicate that Docusign's fourth-quarter revenue will grow by 6.7% year-over-year to $828.2 million, a slower pace compared to the 9% growth recorded in the same period last year. Earnings per share are projected to be $0.95, representing a 10.5% increase from the prior year.
Looking at Docusign's competitors in the productivity software sector, some companies have already reported their fourth-quarter results, offering investors insights into potential industry trends. Box reported a 9.4% year-over-year revenue increase, surpassing analyst expectations by 0.5%. In contrast, Dropbox's revenue declined by 1.1%, yet still exceeded expectations by 1.1%.
For the upcoming fiscal year, the market consensus forecasts Docusign's earnings per share at $4.16, reflecting a 9.7% growth compared to prior year expectations. Total revenue for the current fiscal year and the next are projected to be $3.21 billion and $3.42 billion, respectively, indicating year-over-year growth rates of 7.9% and 6.6%.