Dolby Laboratories Earnings Preview: Get Ahead of the Analysts

Dolby Laboratories (NYSE:DLB) will report earnings after markets close on Thursday, July 25th. Dolby Laboratories Inc. develops audio signal processing systems for the motion picture, broadcasting, and music recording industries, as well as the consumer market.

Here is your Cheat Sheet to Dolby Laboratories Earnings:

Earnings Expectations: Analysts expect earnings of $0.30 per share on revenues of $208.79 million. Currently, the company’s P/E ratio stands at 16.44.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.46 to a profit $0.43. For the current year, the average estimate is a profit of $1.83, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Dolby Laboratories has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 640 720 923 956 926
Diluted EPS ($) 1.74 2.11 2.46 2.75 2.46

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 207.87 224.76 236.60 249.35
Diluted EPS ($) 0.48 0.49 0.50 0.60

Past Performance:
Dolby Laboratories has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)