Dolby Laboratories (NYSE: DLB ) is expected to report Q1 earnings on Jan. 29. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Dolby Laboratories's revenues will wane -5.1% and EPS will contract -27.6%.
The average estimate for revenue is $221.6 million. On the bottom line, the average EPS estimate is $0.55.
Last quarter, Dolby Laboratories notched revenue of $224.8 million. GAAP reported sales were 7.8% lower than the prior-year quarter's $243.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.61. GAAP EPS of $0.49 for Q4 were 32% lower than the prior-year quarter's $0.72 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 88.0%, 150 basis points worse than the prior-year quarter. Operating margin was 32.0%, 1,510 basis points worse than the prior-year quarter. Net margin was 22.9%, 950 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $918.4 million. The average EPS estimate is $2.29.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 3,930 members out of 4,032 rating the stock outperform, and 102 members rating it underperform. Among 1,125 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,104 give Dolby Laboratories a green thumbs-up, and 21 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dolby Laboratories is hold, with an average price target of $37.50.
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