Investors will look at several things in its results. Judging by history, DropBox will likely beat its estimates considering that it has done that in all quarters since going public.
It will also be an improvement from the $504 million that it made in the previous quarter. The DropBox stock price has also underperformed as a public company considering that it has fallen by more than 20% from its IPO date.Īnalysts expect that DropBox revenue increased to $558 million in the fourth quarter from $550 million in Q3. However, there are signs that the firm's growth is slowing, which explains why the stock has dropped by over 24% from its highest level in 2021. Started in 2007, the company has become a major firm in its industry with a market capitalization of more than $9.5 billion. DropBox earnings previewĭropBox is a leading technology company that offers cloud computing solutions to individuals and companies. The stock is trading at $24.90, where it has been in the past few days. Fundamental company data provided by Morningstar, updated daily.The DropBox ( NASDAQ: DBX) stock price held steady on Thursday as investors waited for the company’s quarterly results scheduled for Thursday. Stock quotes provided by InterActive Data. The gurus listed in this website are not affiliated with, LLC. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Past performance is a poor indicator of future performance. In no event shall be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on, or relating to the use of, or inability to use, or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Gurus may be added or dropped from the GuruFocus site at any time. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein.
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