Wall Road analysts forecast that Dolby Laboratories (DLB) will report quarterly earnings of $0.68 per share in its upcoming launch, pointing to a year-over-year enhance of 4.6%. It’s anticipated that revenues will quantity to $305.82 million, exhibiting a rise of 5.3% in comparison with the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged during the last 30 days. This represents how the overlaying analysts, as an entire, have reassessed their preliminary estimates throughout this timeframe.
Previous to an organization’s earnings announcement, it’s essential to think about revisions to earnings estimates. This serves as a major indicator for predicting potential investor actions concerning the inventory. Empirical analysis has constantly demonstrated a strong correlation between tendencies in earnings estimate revision and the short-term value efficiency of a inventory.
Whereas traders sometimes use consensus earnings and income estimates as indicators of quarterly enterprise efficiency, exploring analysts’ projections for particular key metrics can provide priceless insights.
Given this angle, it is time to look at the typical forecasts of particular Dolby Laboratories metrics which can be routinely monitored and predicted by Wall Road analysts.
The collective evaluation of analysts factors to an estimated ‘Income- Services’ of $25.61 million. The estimate suggests a change of +1% 12 months over 12 months.
Analysts forecast ‘Income- Licensing’ to succeed in $280.21 million. The estimate suggests a change of +5.7% 12 months over 12 months.
It’s projected by analysts that the ‘Gross Margin- Licensing’ will attain $265.12 million. In comparison with the present estimate, the corporate reported $250.65 million in the identical quarter of the earlier 12 months.
In response to the collective judgment of analysts, ‘Gross margin- Services’ ought to are available at $3.25 million. The estimate is in distinction to the year-ago determine of $4.36 million.
View all Key Company Metrics for Dolby Laboratories here>>>
Shares of Dolby Laboratories have demonstrated returns of -0.7% over the previous month in comparison with the Zacks S&P 500 composite’s +3.1% change. With a Zacks Rank #4 (Promote), DLB is predicted to lag the general market efficiency within the close to future. You possibly can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here >>>>
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