Zscaler Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
Zscaler, Inc. (NASDAQ:ZS) is expected to report Q4 earnings after the closing bell on Sept. 5, 2023. Analysts predict earnings of 49 cents per share, up from 25 cents per share a year ago, and revenue of $430.38 million, up from $318.06 million. Zscaler shares gained 6% to close at $156.05 on Thursday. Several analysts have revised their ratings and price targets for the company ahead of the earnings call.
September 01, 2023 | 2:44 pm
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POSITIVE IMPACT
Zscaler is expected to report increased earnings and revenue for Q4. The stock gained 6% recently and several analysts have revised their ratings and price targets for the company.
The expected increase in earnings and revenue, recent stock gain, and positive revisions by analysts suggest a positive short-term impact on Zscaler's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100