FMP
Aug 3, 2022 11:00 AM - Davit Kirakosyan
ZoomInfo Technologies Inc. (NASDAQ:ZI) shares rose more than 11% yesterday, following the company’s reported Q2 results, with EPS coming in at $0.21, beating the Street estimate of $0.18. Revenue increased 54% year-over-year to $267.1 million, compared to the Street estimate of $254.63 million.
The company anticipates Q3/22 EPS to be in the range of $0.19-$0.22, compared to the Street estimate of $0.19, and revenue in the range of $277-279 million, compared to the Street estimate of $270.21 million.
For the full 2022-year, management sees EPS in the range of $0.78-$0.80, compared to the Street estimate of $0.76, and revenue in the range of $1.08-1.09 billion, compared to the Street estimate of $1.06 billion.
While 2022 guidance was raised beyond the beat, it was by a smaller magnitude than in recent quarters. However, analysts at Deutsche Bank believe the quarterly results are sufficient to drive the shares higher given modest embedded expectations, particularly given investor concerns around Software industry customer concentration.
While management acknowledged some deal cycle elongation given the macro picture, the company’s strong value proposition, rapid ROI, and efficient selling motion are helping offset macro headwinds.
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...