Dropbox Inc expected to post earnings of 46 cents a share - Earnings Preview
02/08/2023 03:01
* Dropbox Inc DBX.OQ DBX.O is expected to show a rise in
quarterly revenue when it reports results on August 3.
* The San Francisco California-based company is expected to
report a 7.2% increase in revenue to $613.776 million from
$572.7 million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on May
4 2023, for the period ended June 30, was for revenue between
$612.00 million and $615.00 million.
* Refinitiv's mean analyst estimate for Dropbox Inc is for
earnings of 46 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and 2 "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
$30, above its last closing price of $26.75.
The company's guidance on May 4 2023 for the period ended June
30 was for Earnings before Interest and Taxes between USD197.505
million and USD198.45 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
Mar. 31 2023 0.36 0.36 0.42 Beat 17
Dec. 31 2023 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. 0.38 0.37 0.38 Beat 2.4
31 2022
Dec. 31 2021 0.37 0.37 0.41 Beat 11.9
Sep. 30 2021 0.36 0.35 0.37 Beat 4.6
Jun. 30 2021 0.33 0.33 0.40 Beat 21.7
This summary was machine generated August 2 at 02:01 GMT. All
figures in US dollars unless otherwise stated