Zoom Sees FY25 Adj. EPS $4.85-$4.88 Vs $4.71 Est.; Revenue $4.6B Vs $4.655B Est.
Portfolio Pulse from Benzinga Newsdesk
Zoom forecasts its adjusted EPS for FY25 to be between $4.85 and $4.88, surpassing the estimated $4.71. However, its revenue projection of $4.6 billion falls slightly short of the $4.655 billion estimate.
February 26, 2024 | 9:14 pm
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POSITIVE IMPACT
Zoom's adjusted EPS forecast for FY25 exceeds expectations, indicating potential profitability growth, but its revenue forecast slightly misses estimates.
The positive adjustment in EPS forecast suggests Zoom is managing its expenses efficiently and possibly experiencing growth in demand for its services, which is a bullish signal for investors. However, the slight miss in revenue projections could indicate competitive pressures or market saturation, tempering the optimism. Overall, the positive EPS adjustment is likely to have a more significant impact on investor sentiment in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100