Benzinga | Aug 5, 2020 12:03PM EDT

Earnings Outlook For Dropbox

Dropbox (NASDAQ: DBX) unveils its next round of earnings this Thursday, August 06. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings and Revenue

Dropbox earnings will be near $0.17 per share on sales of $465.29 million, according to analysts. In the same quarter last year, Dropbox reported EPS of $0.100 on revenue of $401.50 million. The Wall Street estimate would represent a 70.0% increase in the company's earnings. Here's how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 0.14 0.14 0.11 0.09EPS Actual 0.17 0.16 0.13 0.10Revenue Estimate 451.85 M 443.41 M 423.48 M 400.91 MRevenue Actual 455.00 M 446.00 M 428.20 M 401.50 M

Stock Performance

Over the last 52-week period, shares are up 7.46%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Dropbox is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/wcb8i2nr