Zoom Sees FY24 Adj. EPS $4.63-$4.67 vs $4.30 Est., Total Revenue $4.485B-$4.495B vs $4.48B Est.
Portfolio Pulse from Benzinga Newsdesk
Zoom has projected its FY24 adjusted EPS to be between $4.63 and $4.67, higher than the estimated $4.30. The company also expects its total revenue to be between $4.485B and $4.495B, slightly above the estimated $4.48B.
August 21, 2023 | 8:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Zoom's higher than expected FY24 earnings and revenue projections could positively impact its stock price in the short term.
Zoom's projected earnings and revenue for FY24 are higher than the estimates. This positive financial outlook could increase investor confidence and drive up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100