Zuora Sees Q3 Adj. EPS $0.11-$0.12; $0.10 Est.; Revenue $115.0M-$117.0M Vs $112.619M Est.
Portfolio Pulse from Benzinga Newsdesk
Zuora has released its Q3 financial guidance, projecting adjusted EPS between $0.11 and $0.12, surpassing the estimated $0.10. Revenue is expected to range from $115.0 million to $117.0 million, also exceeding the estimated $112.619 million.

August 21, 2024 | 8:14 pm
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Zuora's Q3 guidance indicates stronger-than-expected financial performance, with both EPS and revenue projections exceeding analyst estimates.
Zuora's guidance for Q3 shows both EPS and revenue exceeding analyst expectations, which is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100