Zuora Sees Q4 Adj. EPS $0.04-$0.05 vs $0.05 Est., Total Revenue $109.8M-$111.8M vs $111M Est.
Portfolio Pulse from Benzinga Newsdesk
Zuora, Inc. reported its Q4 adjusted EPS guidance to be between $0.04 and $0.05, which is in line to slightly below the estimated $0.05. The company also expects total revenue to be between $109.8M and $111.8M, which brackets the estimated $111M.
November 29, 2023 | 9:14 pm
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Zuora's Q4 adjusted EPS guidance is slightly below expectations, while revenue guidance is in line with estimates. This could indicate a cautious outlook but not significantly off from analyst expectations.
The EPS guidance being slightly below the consensus estimate might concern investors, but since the revenue guidance is around the expected value, the overall impact on the stock price is likely to be neutral in the short term. The guidance does not significantly deviate from expectations, which suggests that any price movement would be moderate.
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