Dolby Laboratories (DLB) Tops Q1 Earnings and Revenue Estimates

Group 1 - Dolby Laboratories reported quarterly earnings of $1.14 per share, exceeding the Zacks Consensus Estimate of $1.07 per share, and up from $1.01 per share a year ago [1] - The earnings surprise for this quarter was 6.54%, and the company has surpassed consensus EPS estimates in all four of the last quarters [2] - The company generated revenues of $357 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.07%, compared to $315.57 million in the same quarter last year [3] Group 2 - The stock has gained approximately 3.2% since the beginning of the year, matching the S&P 500's performance [4] - The current consensus EPS estimate for the upcoming quarter is $1.38 on revenues of $386.67 million, and for the current fiscal year, it is $4.05 on revenues of $1.35 billion [8] - The Audio Video Production industry, to which Dolby Laboratories belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook for the sector [9]