BUZZ-PREVIEW: Dropbox shares dip ahead of quarterly report

Reuters05-10

** Shares in Dropbox Inc down 0.6% on Thursday ahead of quarterly report due after market close

** Wall Street sees the provider of services such as secure document sharing reporting Q1 adj EPS of $0.50 vs $0.42 in year-ago quarter on rev of $628.67 mln, which would be up 2.9% y/y, according to the latest data from LSEG

** DBX met or beat consensus Street estimate for EPS, revenue in all of the last 8 quarters

** But in the day after DBX last quarterly report its shares fell more than 22% for a record one-day price decline

** Stock last traded at $23.15 compared with median PT of $28, according to LSEG, which shows ratings from 12 analysts: 3 'buy,' 6 'hold' and 3 'sell' ratings

** YTD shares in DBX last down 21.5% vs a 17.5% gain for the S&P 400 information technology sector index

(Reporting By Sinéad Carew)

((sinead.carew@thomsonreuters.com; +13322191897;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2434049354?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-05-10 02:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2434049354","market":"us","top_or_hot":-1,"title":"BUZZ-PREVIEW: Dropbox shares dip ahead of quarterly report","media":"Reuters","content":"<html><body><p>** Shares in Dropbox Inc    down 0.6% on Thursday ahead of quarterly report due after market close</p><p>   ** Wall Street sees the provider of services such as secure document sharing reporting Q1 adj EPS of $0.50 vs $0.42 in year-ago quarter on rev of $628.67 mln, which would be up 2.9% y/y, according to the latest data from LSEG </p><p>   ** DBX met or beat consensus Street estimate for EPS, revenue in all of the last 8 quarters </p><p>   ** But in the day after DBX last quarterly report its shares fell more than 22% for a record one-day price decline</p><p>   ** Stock last traded at $23.15 compared with median PT of $28, according to LSEG, which shows ratings from 12 analysts: 3 'buy,' 6 'hold' and 3 'sell' ratings  </p><p>   ** YTD shares in DBX last down 21.5% vs a 17.5% gain for the S&amp;P 400 information technology sector index   </p><p> (Reporting By Sinéad Carew)</p><p>((sinead.carew@thomsonreuters.com; +13322191897;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-PREVIEW: Dropbox shares dip ahead of quarterly report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-PREVIEW: Dropbox shares dip ahead of quarterly report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-10 02:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>** Shares in Dropbox Inc    down 0.6% on Thursday ahead of quarterly report due after market close   ** Wall Street sees the provider of services such as secure document sharing reporting Q1 adj EPS ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DBX","symbol_name":"Dropbox Inc.","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2434049354","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2434049354","pubTimestamp":1715279700,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Shares in Dropbox Inc    down 0.6% on Thursday ahead of quarterly report due after market close   ** Wall Street sees the provider of services such as secure document sharing reporting Q1 adj EPS o","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DBX":"Dropbox Inc.","BK4588":"碎股","BK4528":"SaaS概念","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","BK4023":"应用软件","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","BUZZ":"VanEck Social Sentiment ETF","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","BK4532":"文艺复兴科技持仓","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","LU0444971666.USD":"天利全球科技基金","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓"},"translate_title":"嗡嗡声预览：Dropbox股价在季度报告前下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BUZZ":1,"DBX":0.9},"content_text":"** Shares in Dropbox Inc    down 0.6% on Thursday ahead of quarterly report due after market close   ** Wall Street sees the provider of services such as secure document sharing reporting Q1 adj EPS of $0.50 vs $0.42 in year-ago quarter on rev of $628.67 mln, which would be up 2.9% y/y, according to the latest data from LSEG    ** DBX met or beat consensus Street estimate for EPS, revenue in all of the last 8 quarters    ** But in the day after DBX last quarterly report its shares fell more than 22% for a record one-day price decline   ** Stock last traded at $23.15 compared with median PT of $28, according to LSEG, which shows ratings from 12 analysts: 3 'buy,' 6 'hold' and 3 'sell' ratings     ** YTD shares in DBX last down 21.5% vs a 17.5% gain for the S&P 400 information technology sector index    (Reporting By Sinéad Carew)((sinead.carew@thomsonreuters.com; +13322191897;))","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.5","shortVersion":"4.22.5","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2434049354"}