Dolby Laboratories Inc expected to post earnings of 79cents a share - Earnings Preview

Dolby Laboratories

01/02/2023 24:21

* Dolby Laboratories Inc  DLB.N   DLB  is expected to show a
fall
in quarterly revenue when it reports  results on February 2. 
    * The San Francisco California-based  company is expected to
report  a 12.8% decrease in revenue to $306.558 million from
$351.63 million a year ago, according to the mean estimate from
4 analysts, based on Refinitiv data. The company's guidance on
November 17 2022, for the period ended December 31, was for
revenue between $300.00 million and $330.00 million.
    * ​Refinitiv's mean analyst estimate for Dolby Laboratories
Inc is
for earnings of 79 cents per share. The company's EPS guidance
on November 17 2022, for the period ended December 31, was
between $0.76 and $0.91 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 14.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Dolby
Laboratories Inc is $82.5​, above​ its last closing price
of $79.56. ​​​

The company's guidance on November 17 2022 for the period ended
December 31 was for gross profit margin of USD90%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.51        0.60       0.54      Missed  -10
 Jun. 30 2022  0.59        0.59       0.68      Beat    16.2
 Mar. 31 2022  0.82        0.82       0.92      Beat    12.7​
 Dec. 31 2021  1.06        1.06       1.01      Missed  -4.9
 ​​Sep.        0.56        0.56       0.58      Beat    3.1
 30 2021                                                
 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
 This summary was machine generated February 1 at 00:21 GMT.  All
figures in US dollars  unless otherwise stated