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Stock impact report

Zoom Video Communications (ZM) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]

Zoom Video Communications, Inc. - Class A (ZM) 
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The stock exceeded the S&P 500, which registered a gain of 0.48% for the day. On the other hand, the Dow registered a gain of 0.32%, and the technology-centric Nasdaq increased by 0.75%. Shares of the video-conferencing company witnessed a gain of 4.76% over the previous month, beating the performance of the Computer and Technology sector with its gain of 1.47% and the S&P 500's gain of 2%. Market participants will be closely following the financial results of Zoom Video Communications in its upcoming release. The company plans to announce its earnings on May 20, 2024. The company is expected to report EPS of $1.19, up 2.59% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.13 billion, up 1.81% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.89 per share and a revenue of $4.6 billion, indicating changes of -6.14% and +1.64%, respectively, from the forme Show less Read more
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