Dolby Laboratories Inc expected to post earnings of 56 cents a share - Earnings Preview

Dolby Laboratories

13/11/2021 01:11

* Dolby Laboratories Inc  DLB.N   DLB  is expected to show a
rise in quarterly revenue when it reports  results on November
16. 
* The San Francisco, California-based company is expected to
report  a 10.6% increase in revenue to $299.952 million from
$271.19 million a year ago, according to the mean estimate from
4 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Dolby Laboratories Inc
is for earnings of 56 cents per share. For the same quarter last
year, the company reported earnings of 45 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Dolby
Laboratories Inc is $115​, about 21.8% above​ its last closing
price of $89.93. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2021  0.48        0.48       0.71      Beat    49.5
 Mar. 31 2021  0.67        0.67       0.91      Beat    36.5
 Dec. 31 2020  1.04        1.04       1.48      Beat    41.8​
 Sep. 30 2020  0.34        0.34       0.45      Beat    33.1
 ​​Jun.        0.27        0.27       0.86      Beat    216.2
 30 2020                                                
 Mar. 31 2020  1.04        1.09       1.04      Missed  -4.6​
 Dec. 31 2019  0.49        0.49       0.47      Missed  -4.9
 Sep. 30 2019  0.49        0.48       0.43      Missed  -11.2
 This summary was machine generated November 13 at 01:11 GMT. 
All figures in US dollars  unless otherwise stated