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

Dolby Laboratories

06/05/2022 01:41

* Dolby Laboratories Inc  DLB.N  reported quarterly adjusted
earnings of 36 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 82 cents per share.
    * Revenue rose 4.6% to $334.37 million from a year ago; 
analysts
expected $332.51 million. 
    * Dolby Laboratories Inc's reported EPS for the quarter was
36
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
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 risen by 0.5% this
quarter and
lost 17.5% so far this year.
    * The company reported quarterly net income of $36.72
million.
    * Wall Street's median 12-month price target for Dolby
Laboratories Inc is $115.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 6 at 12:41 a.m.  ​All
figures in US dollars unless otherwise stated