Wall Street analysts also predicted that in 2023, the company’s y-o-y revenues would reach $2.32 billion, representing an increase of 7.70% from the revenues reported in the last year’s results. According to the average forecast, sales growth in current quarter could jump up 8.90%, compared to the corresponding quarter of last year. Data indicates that the EPS growth is expected to be 3.90% in 2023, while the next year’s EPS growth is forecast to be 11.90%.Īnalysts have estimated the company’s revenue for the quarter at $570.43 million, with a low estimate of $568.5 million and a high estimate of $577.56 million. Analysts are projecting the company’s earnings per share (EPS) to be $0.37, which is expected to increase to $0.41 for fiscal year $1.6 and then to about $1.79 by fiscal year 2023.

As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. currently standing at about $8.00 billion, investors are eagerly awaiting this quarter’s results, scheduled for – Nov 07, 2022. With the market capitalization of Dropbox Inc. Sign up here to get your free report now. In fact, within our report, 'Top 5 Cheap Stock to Own Right Now', we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest. While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well.

Dropbox stock buy or sell