Dropbox Inc expected to post earnings of 36 cents a share - Earnings Preview
03/05/2023 03:01
* Dropbox Inc DBX.OQ DBX.O 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 6.9% increase in revenue to $601.069 million from
$562.4 million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on
February 16 2023, for the period ended March 31, was for revenue
between $600.00 million and $603.00 million.
* Refinitiv's mean analyst estimate for Dropbox Inc is for
earnings of 36 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and 3 "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 Dropbox Inc
is
$24.65, above its last closing price of $20.03.
The company's guidance on February 16 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD159 million and USD159.795 million.
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 0.40 0.39 0.40 Beat 1.5
Sep. 30 2022 0.37 0.38 0.43 Beat 14.6
Jun. 30 2022 0.37 0.37 0.38 Beat 2.4
Mar. 31 2022 0.38 0.37 0.38 Beat 2.4
Dec. 0.37 0.37 0.41 Beat 11.9
31 2021
Sep. 30 2021 0.36 0.35 0.37 Beat 4.6
Jun. 30 2021 0.33 0.33 0.40 Beat 21.7
Mar. 31 2021 0.31 0.31 0.35 Beat 14.7
This summary was machine generated May 3 at 02:01 GMT. All
figures in US dollars unless otherwise stated