Dolby Laboratories Inc expected to post earnings of 60  cents a share - Earnings Preview

Dolby Laboratories

25/07/2022 12:40

* Dolby Laboratories Inc  DLB.N   DLB  is expected to show a
rise
in quarterly revenue when it reports  results on July 27
(estimated). 
    * The San Francisco California-based  company is expected to
report  a 3.1% increase in revenue to $295.657 million from
$286.8 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 60 cents per share. For the same quarter last
year, the company reported earnings of 71 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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 $90​, above​ its last closing price
of $76.83. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.82        0.82       0.92      Beat    12.7
 Dec. 31 2022  1.06        1.06       1.01      Missed  -4.9
 Sep. 30 2021  0.56        0.56       0.58      Beat    3.1​
 Jun. 30 2021  0.48        0.48       0.71      Beat    49.5
 ​​Mar.        0.67        0.67       0.91      Beat    36.5
 31 2021                                                
 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. 30 2020  0.27        0.27       0.86      Beat    216.2
 This summary was machine generated July 25 at 11:40 GMT.  All
figures in US dollars  unless otherwise stated