Dolby Laboratories Inc expected to post earnings of 98  cents a share - Earnings Preview

Dolby Laboratories

03/05/2023 03:08

* Dolby Laboratories Inc  DLB.N   DLB  is expected to show a
rise
in quarterly revenue when it reports  results on May 4. 
    * The San Francisco California-based  company is expected to
report  a 4.6% increase in revenue to $349.843 million from
$334.37 million a year ago, according to the mean estimate from
4 analysts, based on Refinitiv data. The company's guidance on
February 2 2023, for the period ended March 31, was for revenue
between $340.00 million and $370.00 million.
    * ​Refinitiv's mean analyst estimate for Dolby Laboratories
Inc is
for earnings of 98 cents per share. The company's EPS guidance
on February 2 2023, for the period ended March 31, was between
$0.90 and $1.05 
    * 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 $82.48. ​​​

The company's guidance on February 2 2023 for the period ended
March 31 was for gross profit margin of USD89%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.78        0.79       1.11      Beat    41.4
 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.        1.06        1.06       1.01      Missed  -4.9
 31 2021                                                
 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. 31 2021  0.67        0.67       0.91      Beat    36.5
 This summary was machine generated May 3 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated