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ĬVS Health Corporation CVS has an Earnings ESP of +0.05% and a Zacks Rank #3.Ĭhesapeake Energy Corporation CHK has an Earnings ESP of +8.24% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here. Here are a few stocks you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat.Īctivision Blizzard, Inc ATVI has an Earnings ESP of +24.3% and a Zacks Rank #1 (Strong Buy). Zacks Rank: Dropbox currently carries a Zacks Rank of #2 (Buy). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Įarnings ESP: The Earnings ESP for Dropbox is -6.25%. The combination of a positive Earnings ESP and Zacks Rank #3 (Hold) or higher increases the odds of an earnings beat. Our proven model doesn’t conclusively predict an earnings beat for Dropbox this time around. However, increasing investments on product enhancements and other growth strategies are likely to have limited margin expansion in the third quarter. In fact, these aforesaid factors have been helping Dropbox in winning new customers. Dropbox’s acquisition synergies and strong expansion drive are anticipated to get reflected in the third-quarter results. The company’s partnership with Microsoft, Google, Salesforce, Adobe, and Zoom is making it easier for people and organizations to work with files on the go. Dropbox has also been announcing various partnership programs of late. The companies together have been providing enhanced experience to Dropbox users, and simplifying workflows for millions of customers.
These are anticipated to get reflected in the third-quarter top line.ĭropbox has completed the acquisition of HelloSign. The company’s focus on helping users access and synchronize files, and utilize applications through multiple devices has been enhancing user experience and consequently the third-quarter performance.įurther, strong focus on product innovation and introduction of new products are anticipated to have provided the company a competitive edge against peers. The consensus mark for sales stands at $422.89 million, suggesting an improvement from 17.4% from the year-ago reported figure.ĭropbox’s continuous efforts to strengthen cloud-based and AI technologies are likely to have driven the top line in the third quarter. The Zacks Consensus Estimate for third-quarter earnings is pegged at 11 cents, unchanged over the last 30 days. For more information on our mission and products, visit, Inc. Dropbox is headquartered in San Francisco, CA. With more than 600 million registered users across 180 countries, we’re on a mission to design a more enlightened way of working.
Dropvox earnings report code#
Following the completion of the call, a telephonic replay will be available through 11:59 PM ET on Februat (855) 859-2056 from the United States or (404) 537-3406 internationally with recording access code 9929317.ĭropbox is one place to keep life organized and keep work moving. The conference call can be accessed by dialing (877) 300-7844 from the United States or (786) 815-8440 internationally with reference to the company name and conference title, and a live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. (NASDAQ: DBX) announced today that it will report financial results for the fourth quarter and fiscal year ended Decemafter market close on Thursday, February 18, 2021. SAN FRANCISCO-( BUSINESS WIRE)- Dropbox, Inc.
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