Dolby Laboratories Inc reports results for the quarter ended in December - Earnings Summary

Dolby Laboratories

04/02/2022 02:45

* Dolby Laboratories Inc  DLB.N  reported quarterly adjusted
earnings of $1.01​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was
for earnings of $1.06 per share.
    * Revenue fell 9.8% to $351.63 million from a year ago; 
analysts
expected $362.22 million. 
    * Dolby Laboratories Inc's reported EPS for the quarter was
77
cents​.
    * The mean earnings estimate of analysts had fallen by
about 19%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Dolby Laboratories Inc shares had fallen by 7.6% this
quarter.
    * The company reported quarterly net income of $80.01
million.
    * Wall Street's median 12-month price target for Dolby
Laboratories Inc is $113.00 
    * 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." 

This summary was machine generated February 4 at 02:45 a.m.
 ​All figures in US dollars unless otherwise stated