Dolby Laboratories (NYSE:DLB) reported earnings of $0.86 per share beating Walls Streets expectations.

ME Staff
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Dolby Laboratories (NYSE:DLB) reported Q3 2017 earnings this Afternoon, coming in at $0.86 per share, beating Wall Street’s estimates of $0.65 per Share. Revenue for the quarter came in at $305.67 million beating analyst estimates of $296.88 million

Analyst Coverage For Dolby Laboratories (NYSE:DLB)
These are 2 Hold Ratings, 3 Buy Ratings .
The current consensus rating for Dolby Laboratories (NYSE:DLB) is Buy (Score: 2.60) with a consensus target price of $53.88 , a potential (1.88% upside)

Recent Insider Trading for Dolby Laboratories (NYSE:DLB)

  • On 5/17/2017 Lewis Chew, CFO, sold 14,300 with an average share price of $50.34 per share and the total transaction amounting to $719,862.00.
  • On 5/8/2017 Nicholas Donatiello, Jr., Director, sold 2,000 with an average share price of $51.75 per share and the total transaction amounting to $103,500.00.
  • On 5/2/2017 Kevin J. Yeaman, Insider, sold 10,000 with an average share price of $51.33 per share and the total transaction amounting to $513,300.00.
  • On 3/29/2017 Kevin J. Yeaman, Insider, sold 10,000 with an average share price of $52.51 per share and the total transaction amounting to $525,100.00.
  • On 3/29/2017 Mark Andrew Sherman, EVP, sold 6,000 with an average share price of $52.50 per share and the total transaction amounting to $315,000.00.
  • On 3/1/2017 Kevin J. Yeaman, Insider, sold 5,000 with an average share price of $50.00 per share and the total transaction amounting to $250,000.00.



Dividend History for Dolby Laboratories (NYSE:DLB)

  • On 7/25/2017 announced a quarterly dividend of $0.14 with an ex dividend date of which will be payable on 8/7/2017.
  • On 4/27/2017 announced a quarterly dividend of $0.14 1.06% with an ex dividend date of 5/4/2017 which will be payable on 5/8/2017.
  • On 1/25/2017 announced a quarterly dividend of $0.14 1.15% with an ex dividend date of 2/2/2017 which will be payable on 2/6/2017.
  • On 10/26/2016 announced a quarterly dividend of $0.14 with an ex dividend date of 11/3/2016 which will be payable on 11/7/2016.
  • On 7/27/2016 announced a quarterly dividend of $0.12 with an ex dividend date of 8/4/2016 which will be payable on 8/8/2016.
  • On 4/27/2016 announced a quarterly dividend of $0.12 with an ex dividend date of 5/5/2016 which will be payable on 5/9/2016.
  • On 1/27/2016 announced a quarterly dividend of $0.12 with an ex dividend date of 2/4/2016 which will be payable on 2/8/2016.



Recent Trading for Dolby Laboratories (NYSE:DLB)
Shares of Dolby Laboratories closed the previous trading session at 52.88 down -0.51 -0.96% with 489,306 shares trading hands.