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0 0.000508905852417322 0.000848176420695456 0.00135708227311278 0.00101781170483464 0.00831212892281598 0.00865139949109411 0.00763358778625959
Stock impact report

Why Dropbox (DBX) Outpaced the Stock Market Today [Yahoo! Finance]

Dropbox, Inc. - Class A (DBX) 
Company Research Source: Yahoo! Finance
This move outpaced the S&P 500's daily gain of 0.16%. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, lost 0.06%. Coming into today, shares of the online file-sharing company had lost 1% in the past month. In that same time, the Computer and Technology sector lost 0.39%, while the S&P 500 lost 2.7%. Investors will be eagerly watching for the performance of Dropbox in its upcoming earnings disclosure. On that day, Dropbox is projected to report earnings of $0.62 per share, which would represent year-over-year growth of 24%. Meanwhile, our latest consensus estimate is calling for revenue of $638.53 million, up 0.56% from the prior-year quarter. Investors should also pay attention to any latest changes in analyst estimates for Dropbox. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Our research shows that thes Show less Read more
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