Within the past 30 days, our consensus EPS projection has moved 0.29% lower. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Recent revisions tend to reflect the latest near-term business trends. These results would represent year-over-year changes of -26.82% and +7.04%, respectively.Any recent changes to analyst estimates for Zoom Video Communications should also be noted by investors. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.1 billion, up 4.43% from the year-ago period.ZM's full-year Zacks Consensus Estimates are calling for earnings of $3.71 per share and revenue of $4.39 billion.
On that day, Zoom Video Communications is projected to report earnings of $0.84 per share, which would represent a year-over-year decline of 24.32%. In that same time, the Computer and Technology sector lost 4.64%, while the S&P 500 lost 3.29%.Investors will be hoping for strength from Zoom Video Communications as it approaches its next earnings release. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.12%.Coming into today, shares of the video-conferencing company had lost 3.1% in the past month. This change was narrower than the S&P 500's daily loss of 0.2%. Zoom Video Communications (ZM) closed the most recent trading day at $77.52, moving -0.03% from the previous trading session.
0 kommentar(er)
