Dropbox Inc expected to post earnings of 48 cents a share - Earnings Preview
13/02/2024 22:54
* Dropbox Inc DBX.OQ DBX.O is expected to show a rise in
quarterly revenue when it reports results on February 15 for
the period ending December 31 2023
* The San Francisco California-based company is expected to
report a 5.4% increase in revenue to $631.129 million from
$598.8 million a year ago, according to the mean estimate from
10 analysts, based on LSEG data.The company's guidance on
November 2 2023, for the period ended December 31, was for
revenue between $629.00 million and $632.00 million.
* LSEG's mean analyst estimate for Dropbox Inc is for
earnings of
48 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and 1 "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
$33.00, above its last closing price of $32.44.
The company's guidance on November 2 2023 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD198.135 million and USD199.08 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.50 0.49 0.56 Beat 14.2
Jun. 30 2023 0.46 0.46 0.51 Beat 12.1
Mar. 31 2023 0.36 0.36 0.42 Beat 17
Dec. 31 2022 0.40 0.39 0.40 Beat 1.5
Sep. 0.37 0.38 0.43 Beat 14.6
30 2022
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
This summary was machine generated February 13 at 22:54 GMT.
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)