DBX I'm trading this as a rebound from a bottom basing play. You can see my logic on the chart. DBX did also beat on earnings however, it was not a big beat. We'll see what happens. It should be able to run the the first resistance line for a small profit. But I'm hoping it can bust thru there, at which point I may add, and it could go up to the upward trend line and be in "character." All TBD Ideas, not investing / trading advice.from earningswhispers.com
Dropbox Beats
Dropbox (DBX) reported 1st Quarter March 2021 earnings of $0.37 per share on revenue of $511.6 million. The consensus earnings estimate was $0.30 per share on revenue of $505.2 million. The Earnings Whisper number was $0.33 per share. Revenue grew 12.4% on a year-over-year basis.
The company said during its conference call it expects second quarter revenue of $522.0 million to $525.0 million and now expects 2021 revenue of $2.118 billion to $2.13 billion. The company's previous guidance was 2021 revenue of $2.095 billion to $2.115 billion. The current consensus revenue estimate is $517.65 million for the quarter ending June 30, 2021 and revenue of $2.11 billion for the year ending December 31, 2021.
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Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.