Key Details
Price
$78.21Last Dividend
$0.33Annual ROE
10.78%Beta
0.58Events Calendar
Next earnings date:
Jan 31, 2025Recent quarterly earnings:
Nov 19, 2024Recent annual earnings:
Nov 19, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 03, 2024Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
DLB benefits from the popularity of Dolby Atmos and Dolby Vision. However, there are worries about a decline in box office sales and weak global sales of consumer electronics.
Dolby Laboratories announced impressive results for the fourth quarter and the full year of 2024, showing notable increases in revenue, operating income, and free cash flow, which led to a more than 15% rise in their stock price. The management sees potential for growth in Dolby Atmos, Dolby Vision, and the GE Licensing acquisition, expecting revenue to grow by 4.5-9% in FY 2025. However, even with these strong results, the stock is considered overvalued, as it is trading at high multiples and would need a 10% annual growth to be fairly valued, which seems unlikely.
Dolby stock recently surged by 10%. This increase is likely due to positive news or developments related to the company. Investors may be feeling more confident about Dolby's future prospects.
The financial results for Dolby Laboratories (DLB) for the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
Dolby Laboratories (DLB) reported quarterly earnings of $0.81 per share, which is higher than the Zacks Consensus Estimate of $0.68 per share. This is an increase compared to earnings of $0.65 per share from the same period last year.
Dolby Laboratories, Inc. (NYSE:DLB) will hold its Q4 2024 Earnings Conference Call on November 19, 2024, at 5:00 PM ET. The call will feature company representatives including Peter Goldmacher, Kevin Yeaman, and Robert Park, along with participants from various research firms. The operator will begin by welcoming everyone to the call focused on the company's fiscal fourth quarter results.
SAN FRANCISCO, Nov. 19, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) has released its financial results for the fourth quarter and the entire fiscal year of 2024. Kevin Yeaman, President and CEO of Dolby Laboratories, expressed satisfaction with the advancements the company achieved during fiscal 2024.
DLB's performance in the fourth quarter probably suffered due to weak device sales and slow box office results, even though there was growth in Dolby Atmos and Dolby Vision.
In addition to Wall Street's predictions for Dolby Laboratories' (DLB) revenue and earnings, it's important to look at forecasts for some of its main metrics. This will help you better understand how the company performed in the quarter that ended in September 2024.
Dolby Laboratories (DLB) may not have the right mix of the two important factors needed for a potential earnings surprise in its next report. Be ready for the main expectations.
FAQ
- What is the primary business of Dolby Laboratories?
- What is the ticker symbol for Dolby Laboratories?
- Does Dolby Laboratories pay dividends?
- What sector is Dolby Laboratories in?
- What industry is Dolby Laboratories in?
- What country is Dolby Laboratories based in?
- When did Dolby Laboratories go public?
- Is Dolby Laboratories in the S&P 500?
- Is Dolby Laboratories in the NASDAQ 100?
- Is Dolby Laboratories in the Dow Jones?
- When was Dolby Laboratories's last earnings report?
- When does Dolby Laboratories report earnings?
- Should I buy Dolby Laboratories stock now?