Zoom Video Communications Sees Q3 EPS $1.29-$1.31 Vs $1.24 Est.; Revenue $1.16B-$1.165B Vs $1.16B Est.; FY25 EPS $5.29-$5.32 Vs $5.05 Est.; Revenue $4.63B-$4.64B Vs $4.62B Est.
Portfolio Pulse from Benzinga Newsdesk
Zoom Video Communications has provided its financial guidance for Q3 and FY25, with EPS and revenue estimates surpassing analyst expectations. The company expects Q3 EPS of $1.29-$1.31 and revenue of $1.16B-$1.165B, while FY25 EPS is projected at $5.29-$5.32 and revenue at $4.63B-$4.64B.
August 21, 2024 | 8:08 pm
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Zoom Video Communications has released its Q3 and FY25 financial guidance, with EPS and revenue estimates exceeding analyst expectations. This positive outlook may boost investor confidence and impact the stock price favorably in the short term.
Zoom's guidance for Q3 and FY25 shows EPS and revenue figures above analyst estimates, indicating strong financial performance. This positive outlook is likely to enhance investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100