Ticker delayed 20 minutes
Avg Daily Volume: 4,168,617 Market Cap: 29.02B
Sector: Technology Short Interest: 48.42
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .07/share REV: 176.5/M
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LAST QTR: EPS: .03/share ACTUAL: .09/share (BEAT)
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NEXT QTR: EPS: .06/share REV: 185.7/M
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FULL YR: EPS: .27/share REV: 610.9/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 71% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -10.8, -6.4, 24.4
EXPECTED JUMP MOVE: 10-15%
Links To Latest News and Headlines
In the closing of the recent trading day, Zoom Video Communications (ZM) stood at $59.28, denoting a -1.59% change from the preceding trading day.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at RingCentral (NYSE:RNG) and the best and worst performers in the video conferencing industry.
Zoom Video Communications Inc (NASDAQ:ZM), a leader in modern enterprise video communications with an easy, reliable cloud platform for video and audio conferencing, chat, and webinars, has reported an insider selling event.
The heavy selling pressure might have exhausted for Zoom Video (ZM) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Recently, Zacks.com users have been paying close attention to Zoom Video (ZM). This makes it worthwhile to examine what the stock has in store.
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