Zoom Video Communications (ZM) reported $1.18 billion in income for the quarter ended October 2024, representing a year-over-year improve of three.6%. EPS of $1.38 for a similar interval compares to $1.29 a 12 months in the past.
The reported income compares to the Zacks Consensus Estimate of $1.16 billion, representing a shock of +1.23%. The corporate delivered an EPS shock of +5.34%, with the consensus EPS estimate being $1.31.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s value efficiency extra precisely.
Right here is how Zoom Video carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Enterprise Prospects: 192,400 in comparison with the 196,459 common estimate based mostly on 5 analysts.
- Prospects >$100K TTM Income: 3,995 in comparison with the 4,042 common estimate based mostly on 4 analysts.
- Remaining Efficiency Obligations (RPO): $3.74 billion versus $3.76 billion estimated by three analysts on common.
- Present Remaining efficiency obligation (RPO): $2.28 billion versus the three-analyst common estimate of $2.19 billion.
- Non-Present Remaining efficiency obligation (RPO): $1.46 billion in comparison with the $1.55 billion common estimate based mostly on two analysts.
View all Key Company Metrics for Zoom Video here>>>
Shares of Zoom Video have returned +18.2% over the previous month versus the Zacks S&P 500 composite’s +2.1% change. The inventory at the moment has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report
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