FMP
May 23, 2023 2:41 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
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.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
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A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...