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

Dolby Laboratories

16/11/2021 22:01

* Dolby Laboratories Inc  DLB.N  reported quarterly adjusted
earnings of 58 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 56 cents per share.
* Revenue rose 5.1% to $285.03 million from a year ago; 
analysts expected $299.95 million. 
* Dolby Laboratories Inc's reported EPS for the quarter was 42
cents​.
* The mean earnings estimate of analysts had fallen by
about 1.3% 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 8.9% so far this year.
* The company reported quarterly net income of $44.19 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 "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated November 16 at 10:00 p.m.
 ​All figures in US dollars unless otherwise stated