Preview: Zoom Video Comms's Earnings
Portfolio Pulse from Benzinga Insights
Zoom Video Comms (NASDAQ:ZM) is scheduled to release its quarterly earnings report on Monday, with analysts estimating an EPS of $1.15. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a slight drop. Shares are currently trading at $62.12, down 14.32% over the last year, indicating bearish sentiment among long-term shareholders.
February 23, 2024 | 7:00 pm
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Zoom Video Comms is expected to announce its quarterly earnings with an estimated EPS of $1.15. Historical data shows mixed reactions to past earnings, with a recent downtrend in stock price.
Given Zoom's mixed historical earnings impact and the current bearish sentiment indicated by a 14.32% decline over the last year, the short-term impact is uncertain. The market's reaction may hinge more on future guidance than the earnings beat or miss.
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IMPORTANCE 90
RELEVANCE 100