Dropbox Inc reports results for the quarter ended in December - Earnings Summary

Dropbox

16/02/2023 22:02

* Dropbox Inc  DBX.OQ  reported quarterly adjusted earnings
of 40
cents​​ per share for the quarter ended in December. The mean
expectation of eleven analysts for the quarter was for earnings
of 39 cents per share.
    * Revenue rose 5.9% to $598.80 million from a year ago;
analysts
expected $593.69 million. 
    * Dropbox Inc's reported EPS for the quarter was 93 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Dropbox Inc shares had risen by 8.0% this quarter.
    * The company reported quarterly net income of $328.3
million.
    * Wall Street's median 12-month price target for Dropbox Inc
is
$25.30 
    * 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." 

This summary was machine generated from Refinitiv data February
16 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.39           0.40           Beat
 Sep. 30 2022      0.38           0.43           Beat
 Jun. 30 2022      0.37           0.38           Beat
 Mar. 31 2022      0.37           0.38           Beat