Zoom stock earnings1/7/2023 ![]() Not including the after-hours price change, Zoom stock is up about 3% since the start of 2021, trailing the S&P 500, which is up almost 21% over the same period. Gross margin will expand when students return to schools, she said.Īt the same time, travel is returning sooner than executives had expected, she said. The guidance assumes strong growth from Zoom's direct and channel businesses, as well as weakness in the online business because of challenges among smaller customers and consumers, Steckelberg said. The company increased its forecast for the year as coronavirus case counts have increased, including from the Covid delta variant, and some companies delayed plans to reopen offices. Equities are typically more appropriate for. ![]() ![]() It's also ahead of analysts' consensus estimates of $4.67 in adjusted earnings per share and $4.01 billion in revenue. When you invest in stocks (also called equities), you buy a share in a company and become a shareholder. Analysts polled by Refinitiv had expected adjusted earnings per share of $1.09 and revenue of $1.01 billion.įor the full fiscal year, Zoom said it sees adjusted earnings of $4.75 to $4.79 per share and $4.005 billion to $4.015 billion in revenue - that's a bump from its last estimates of $4.56 to $4.61 in adjusted earnings on $3.98 billion to $3.99 billion in revenue. Zoom's Historical Earnings Beat Source: Seeking Alpha's Earnings Surprise Page For ZM ZM's top line increased by only +3 QoQ to 1,050.8 million in the third quarter of fiscal 2022. With respect to next quarter's guidance, Zoom called for $1.07 to $1.08 in adjusted earnings per share on $1.015 billion to $1.020 billion in revenue.
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