FMP
May 23, 2023 2:41 PM - Davit Kirakosyan
Zoom (NASDAQ:ZM) shares plunge more than 6% intra-day today after the company reported its Q1 earnings, with Online driving a solid beat, offsetting Enterprise weakness.
EPS came in at $1.16, above the Street estimate of $0.99. Revenue of $1.1 billion was slightly better than the Street estimate of $1.08 billion. The company expects Q2/24 EPS of $1.04-$1.06, compared to the Street’s $1.05, and revenue of $1.11-$1.115 billion, compared to the Street’s $1.11 billion.
For 2024, the company anticipates EPS of $4.25-$4.31, compared to the Street’s $4.22, and revenue of $4.465-$4.485 billion, compared to the Street’s $4.45 billion.
While noting they are encouraged by Online stabilizing ahead of schedule, analysts at RBC Capital said they would prefer to see more resiliency out of the Enterprise business, where the 2024 growth outlook was revised down to just 6% (vs. low-double-digits prior), which management attributed to temporary disruption from the RIF/restructuring.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...