Ticker delayed 20 minutes
|Avg Daily Volume: 20,035,793 Market Cap: 6.04B |
Sector: Technology Short Interest: 3.62
THIS QTR: EPS: .05/share REV: 311.98/M
LAST QTR: EPS: .05/share ACTUAL: .07/share (BEAT)
NEXT QTR: EPS: .05/share REV: 366.90/M
FULL YR: EPS: .24/share REV: 1,480/M
*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS RECORD: 37% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 13.97, 7.76, 4.94
POTENTIAL JUMP MOVE: 12%
Links To Latest News and Headlines
Teladoc Health (NYSE: TDOC), The Trade Desk (NASDAQ: TTD), and Zynga (NASDAQ: ZNGA) all have one thing in common — outstanding recent performance compared to the S&P 500. Teladoc has become an early leader in the virtual-care space, a market that could be worth as much as $250 billion annually in the U.S. alone. The company seeks to turn its premium telemedicine platform into an all-in-one stop for those seeking digital consultations with their physicians.
Zynga (NASDAQ:ZNGA) reported Q3 sales of $627.96 million. Earnings fell to a loss of $121.64 million, resulting in a 5.94% decrease from last quarter. Zynga collected $518.13 million in revenue during Q2, but reported earnings showed a $129.32 million loss.What Is ROCE? Changes in earnings and sales indicate shifts in Zynga’s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, Zynga posted an ROCE of -0.04%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company’s recent performance, but several factors could affect earnings and sales in the near future.View more earnings on ZNGAROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Zynga is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and earnings per share growth.For Zynga, the return on capital employed ratio shows the current amount of assets may not actually be helping the company achieve higher returns, a note many investors will take into account when making long-term financial decisions.Q3 Earnings Insight Zynga reported Q3 earnings per share at $0.1/share, which beat analyst predictions of $0.09/share.See more from Benzinga * Click here for options trades from Benzinga * 6 Communication Services Stocks With Unusual Options Alerts In Today’s Session(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Zynga (ZNGA) boosts international footprint with the recent launch of its well-known mobile game, Harry Potter: Puzzles & Spells, in South Korea.
Zynga to Discuss Fourth Quarter and Full Year 2020 Financial Results on February 10, 2021
Zynga Launches Harry Potter: Puzzles & Spells in South Korea
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There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.