A Look Ahead: Dropbox's Earnings Forecast

Dropbox DBX is set to give its latest quarterly earnings report on Thursday, 2024-11-07. Here’s what investors need to know before the announcement.

Analysts estimate that Dropbox will report an earnings per share (EPS) of $0.53.

Investors in Dropbox are eagerly awaiting the company’s announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It’s worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Overview of Past Earnings

Last quarter the company beat EPS by $0.08, which was followed by a 3.27% increase in the share price the next day.

Here’s a look at Dropbox’s past performance and the resulting price change:

Dropbox Share Price Analysis

Shares of Dropbox were trading at $26.66 as of November 05. Over the last 52-week period, shares are up 4.51%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Dropbox visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.