Dropbox (DBX) Stock Before Q2 Earnings: To Buy or Not to Buy?

Dropbox (DBX) is scheduled to report its second-quarter 2024 results on Aug 8. For the to-be-reported quarter, Dropbox expects revenues between $628 million and $631 million. Non-GAAP operating margin is expected to be roughly 33%. The Zacks Consensus Estimate for revenues is currently pegged at $629.65 million, suggesting growth of 1.15% from the year-ago quarter's reported figure. The consensus mark for earnings is pegged at 52 cents per share, unchanged over the past 30 days and indicating 1.96% growth f ...