![]() ![]() The company’s full-year fiscal 2020 earnings are then expected to jump nearly 50% to $0.74 a share.ĭropbox is currently a Zacks Rank #1 (Strong Buy) that rocks an “A” grade for Growth and a “B” for Momentum in our Style Scores system. This would mark solid growth on top of 2019’s 19% sales expansion.Īt the bottom end of the income statement, Dropbox’s adjusted Q2 EPS figure is projected to soar 60% to reach $0.16 a share. ![]() Peeking ahead, the company’s full-year revenue is projected to jump 14% to $1.89 billion. Our Zacks estimates call for DBX’s second quarter earnings to climb 16%. Plus, the broader tech space has so far proven resilient to the coronavirus earnings downturn (also read: Covid-19 Pandemic Weighs on the Earnings Picture). DBX is also part of a larger group of stocks that could benefit from the current stay-at-home environment that includes Zoom ZM, Netflix NFLX, and many others.
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