dropbox earnings estimate

Dropbox said it had 12.7 million subscribers as of Dec. 31, beating analysts’ average estimate of 12.54 million, according to FactSet. DBX updated stock price target summary. Do Not Sell My Information. Earnings estimates for DBX from thousands of professional and amateur analysts who contribute to a open, crowdsourced estimate data set. Reuters February 22, 2019 1:52 AM Cloud Dropbox app. Get daily stock ideas top-performing Wall Street analysts. For the most recent quarter, Dropbox was expected to post earnings of $0.19 per share, but it reported $0.26 per share instead, representing a surprise of 36.84%. YoY growth. (Mar 2021) Next Qtr. Current-Year Estimate Revisions Revenue for the quarter was $487.4 million, up 14%, with non-GAAP earnings at 26 cents per share. 12, 2021, 06:20 PM. That’s despite its adjusted earnings per share … ... we estimate that revenue would be approximately $9 million higher, for a … In terms of estimate revisions, the trend for the current year also appears quite encouraging for Dropbox. Quarter Number of Estimates Low Estimate High Estimate … While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Dropbox has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, May 6th, 2021 based off prior year's report dates. Dropbox last released its quarterly earnings results on February 17th, 2021. The cloud collaboration platform delivered a net income of $32 million, or 8 cents a share. Dropbox (DBX Quick Quote DBX - Free Report) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.19 … Revenue Estimate Current Qtr. Dropbox Inc. analyst estimates, including DBX earnings per share estimates and analyst recommendations. This has resulted in an Earnings ESP of 0%. Dropbox (DBX) Q4 Earnings and Revenues Surpass Estimates Zacks - Thu Feb 18, 4:55PM CST Zacks Equity Research - ZACKS - Thu Feb 18, 4:55PM CST Dropbox (DBX) delivered earnings and revenue surprises of 21.74% and 1.20%, respectively, for the quarter ended December 2020. The Zacks Consensus Estimate for third-quarter earnings is pegged at 11 cents, unchanged over the last 30 days. Dropbox posted earnings of $0.16 per share in the same quarter last year, which indicates a positive year-over-year […] Dropbox earnings beat estimates, but shares fall on Q1 guidance. The company reported $0.28 EPS for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.04. Dropbox (DBX) Q4 Earnings and Revenues Surpass Estimates Dropbox (DBX) delivered earnings and revenue surprises of 21.74% and 1.20%, respectively, for the quarter ended December 2020. Dropbox, Inc. (DBX) consensus earnings estimates: forecast for revenue and EPS. The company beat estimates for revenue and adjusted earnings. /*-->*/. The chart below shows up to four years of a company's earnings history. 109685 estimize contributors … The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The company is expected to earn $0.30 per share for the current quarter, which represents a year-over-year change of +76.47%. Thanks to promising estimate revisions, Dropbox currently carries a Zacks Rank #1 (Strong Buy). This online file-sharing company has an established record of topping earnings estimates, especially when looking at the previous two reports. As a result, the Zacks Consensus Estimate has increased 205%. Earnings And Revenue Wall Street expects EPS of $0.24 and sales around $498.64 million. In terms of … Dropbox expects first-quarter 2021 revenues in the range of $504-$506 million. The Average Estimate for each time period is the average for the total number of contributing analysts. You can opt out at any time. Earnings Estimate. Dropbox (DBX) could be a solid choice for investors given the company's remarkably improving earnings outlook. Q2 2021 Estimate Trends; Current: $ 0.31: 1 month ago: $ 0.24: 3 months ago: $ 0.23 Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Brokerages expect Dropbox, Inc. (NASDAQ:DBX) to announce earnings per share (EPS) of $0.23 for the current fiscal quarter, Zacks Investment Research reports. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Dropbox (DBX) – Dropbox came in 4 cents a share ahead of estimates, with quarterly earnings of 28 cents per share. MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. This compares to earnings of $0.10 per share a year ago. The company is expected to earn $1.25 per share for the full year, which represents a change of +34.41% from the prior-year number. Current-Year Estimate Revisions. Dropbox EPS in the same period a … Dropbox had a return on equity of 15.02% and a net margin of 4.47%. Want to see which stocks are moving? #block-survival { display: none; } @media only screen and (min-width: 75rem) { .multiple-lines-intraday-chart .content-3-up__item.content-3-up__item { flex-basis: 31%; }} For the full year, the earnings estimate of $0.74 per share represents a change of +48% from the year-ago number. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Looking for new stock ideas? Earnings Estimates Moving Higher for Dropbox (DBX): Time to Buy? Dropbox reported net income of $32.7 million, or 26 cents a share, compared with a loss of $17 million, or 13 cents a share, in the year-ago quarter. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Dropbox reported third-quarter 2020 non-GAAP earnings of 26 cents per share that beat the Zacks Consensus Estimate by 36.8% and doubled from the figure reported in the year-ago quarter. Do the numbers hold clues to what lies ahead for the stock? Analysts tracking DBX have forecast the quarterly EPS to grow by … © American Consumer News, LLC dba MarketBeat® 2010-2021. It is understandable that investor optimism is growing ahead of the company’s current quarter results. Want the latest recommendations from Zacks Investment Research? Type a symbol or company name. Identify stocks that meet your criteria using seven unique stock screeners. Realtime by (Cboe BZX) 21.92 x 612 21.93 x 192. The company reported adjusted earnings of 11 cents per share, beating analyst estimates for 6 cents, as polled by Zacks Investment Research. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Dropbox Inc. analyst ratings, historical stock prices, earnings estimates & actuals. The reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 The research firm has a trailing four-quarter positive earnings surprise of 31% on average. for Tue, Jun 9th, 2020. Earnings Estimates. Estimates put the company’s current-quarter earnings per share at $0.3. For Dropbox, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. Dropbox stock initially rose, then fell. • Dropbox (DBX) Q4 Earnings and Revenues Surpass Estimates Nasdaq 2021-02-18 22:55:00 EDT • Dropbox's (DBX) CEO Drew Houston on Q4 2020 Results - Earnings Call Tr... Seeking Alpha 2021-02 … You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Dropbox has generated $0.00 earnings per share over the last year and currently has a price-to-earnings ratio of 142.4. Four analysts have made estimates for Dropbox's earnings, with the highest EPS estimate coming in at $0.32 and the lowest estimate coming in at $0.28. Dropbox's bottom line is in the black for the first time since the company debuted on the Nasdaq in 2018. © 2021, Nasdaq, Inc. All Rights Reserved. The Top 25 Cryptocurrencies to Know in 2021: BTC, ETH, XRP, XLM and More, JPMorgan Says Tech, Health Theme in Stocks Not Going Away, #TradeTalks: Using pullbacks as opportunities to add for the longer-term in growth stocks, Stocks Most Affected by Pandemic Have Room to Recover: De Mello, #TradeTalks: Pricing in the stock market of politics for the Republican 2024 field following CPAC, Roblox (RBLX) Stock IPO: Here’s What Investors Need To Know, Coinbase IPO: Here’s What Investors Need To Know, Reddit Stocks: Why r/WSB Faves GME, AMC and BB Are Gaining Today, externally-audited track record of outperformance, the complete list of today's Zacks #1 Rank (Strong Buy) stocks here, Dropbox, Inc. (DBX): Free Stock Analysis Report. Get short term trading ideas from the MarketBeat Idea Engine. Dropbox (DBX) delivered earnings and revenue surprises of 36.84% and 1.00%, respectively, for the quarter ended September 2020. It is worth considering Dropbox (DBX), which belongs to the Zacks Internet - Services industry. This has resulted in an Earnings ESP of 0%. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Create your Watchlist to save your favorite quotes on Nasdaq.com. Previous. Do the numbers hold clues to what lies ahead for the stock? Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Dropbox, Inc. (NASDAQ:DBX) trade information. A wealth of resources for individual investors is available at www.zacks.com. Over the past month, five estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 120.35%. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 50.0%. Today, you can download 7 … Words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "plans," and similar expressions are intended to identify forward-looking statements. Revenue would be have grown 11.8% from the same quarter last year. Dropbox, Inc. price-eps-surprise | Dropbox, Inc. Quote. The company beat estimates for revenue and adjusted earnings. In its last earnings report on February 18, 2021, Dropbox reported EPS of $0.28 versus consensus estimate of $0.23 while it beat the consensus revenue estimate by 1.2%. The dark blue line represents the company's actual earnings per share. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. For Dropbox, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. Earnings And Revenue Dropbox EPS will likely be near $0.18 while revenue will be around $483.64 million, according to analysts. High & Low. All rights reserved. ESTIMATES QUOTED BY EIGHT YEARS OF DATA Our data set and alpha producing models are growing stronger every quarter. of Analysts: 9: 8: 10: 10: Avg. Fourth Quarter Revenue of $446.0 Million, Up 19% Year-over-year Net Cash Provided by Operating Activities of $186.8 Million and Free Cash Flow of $161.3 Million. Number of analysts. The second table on the Estimates page shows analyst Earnings Estimates for the next two quarters, along with estimates for the current and next fiscal year. Dropbox (DBX) delivered earnings and revenue surprises of 36.84% and 1.00%, respectively, for the quarter ended September 2020. After registering a 6.44% upside in the latest session, Dropbox, Inc. (DBX) has traded green over the past five days. Mar. Today, that discovery is still the heart of the Zacks Rank. Learn about financial terms, types of investments, trading strategies and more. Analysts on Wall Street are projecting $0.24 earnings per share this time around, which is 7.7% smaller than the $0.26 per share realized in Q3 2020. When exploring reports from the previous eight quarters, Dropbox Inc has a unwavering history of projection beats. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter. The company is expected to earn $1.25 per share for the full year, which represents a change of +34.41% from the prior-year number. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter. The earnings estimate of $0.23 per share for the current quarter represents a change of +43.75% from the number reported a year ago. Earnings Estimate Revisions for Dropbox. The Zacks Consensus Estimate for Dropbox has increased 37.5% over the last 30 days, as two estimates have gone higher compared to no negative revisions. Dropbox (NASDAQ: DBX) earnings for the cloud storage company’s second quarter of 2020 have DBX stock taking a beating after-hours Thursday. The Zacks Consensus Estimate is pegged at $501.7 million. Today, you can download 7 Best Stocks for the Next 30 Days. Type a symbol or company name. Dropbox Inc (DBX) Dropbox Inc (DBX) 21.93 -0.61 (-2.71%) 15:33 ET [NASDAQ] 21.92 x 612 21.93 x 192. The stock hit a weekly high of $26.85 this Friday, Mar 12, jumping 1.48% in its intraday price action. As a result, the Zacks Consensus Estimate has increased 211.11%. Do the numbers hold clues to what lies ahead for the stock? On the other hand, the stock currently carries a Zacks Rank of #2. Image Credit: Paul Sawers / VentureBeat. Dropbox shares have added 7.4% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. 12, 2021, 06:20 PM. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Over the last 30 days, three estimates have moved higher for Dropbox compared to no negative revisions.