Zoom Video Comms Q4 2024 Adj EPS $1.42 Beats $1.15 Estimate, Sales $1.15B Beat $1.13B Estimate
Portfolio Pulse from Benzinga Newsdesk
Zoom Video Communications (ZM) reported Q4 2024 adjusted EPS of $1.42, surpassing the $1.15 estimate, with sales of $1.15B also beating the $1.13B estimate. This represents a 2.52% increase in sales compared to the same period last year.
February 26, 2024 | 9:07 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Zoom Video Communications reported a significant beat on both earnings and sales estimates for Q4 2024, with a year-over-year sales growth of 2.52%.
Zoom's earnings and sales beat are likely to positively impact investor sentiment and the stock price in the short term. The significant beat on both the top and bottom lines, coupled with year-over-year sales growth, indicates strong operational performance and could lead to increased investor confidence and demand for ZM shares.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100