Dropbox Inc expected to post earnings of 39cents a share - Earnings Preview
14/02/2023 21:50
* Dropbox Inc DBX.OQ DBX.O is expected to show a rise in
quarterly revenue when it reports results on February 16.
* The San Francisco California-based company is expected to
report a 5.0% increase in revenue to $593.694 million from
$565.5 million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $592.00 million and $595.00 million.
* Refinitiv's mean analyst estimate for Dropbox Inc is for
earnings of 39 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
$25.3, above its last closing price of $23.84.
The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD171.68 million and USD175.525 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
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. 31 2021 0.37 0.37 0.41 Beat 11.9
Sep. 0.36 0.35 0.37 Beat 4.6
30 2021
Jun. 30 2021 0.33 0.33 0.40 Beat 21.7
Mar. 31 2021 0.31 0.31 0.35 Beat 14.7
Dec. 31 2020 0.24 0.24 0.28 Beat 17.8
This summary was machine generated February 14 at 21:50 GMT.
All figures in US dollars unless otherwise stated