Zoom Communications Inc reports results for the quarter ended January 31 - Earnings Summary

Zoom Communications

24/02/2025 22:01

* Zoom Communications Inc  ZM.OQ  reported quarterly
adjusted
earnings of $1.41​​ per share for the quarter ended January 31,
lower than the same quarter last year, when the company reported
EPS of $1.42.  The mean expectation of twenty eight analysts for
the quarter was for earnings of $1.30 per share. Wall Street
expected results to range from $1.25  to $1.40 per share.
    * Revenue rose 3.3% to $1.18 billion from a year ago;
analysts
expected $1.18 billion. 
    * Zoom Communications Inc's reported EPS for the quarter was
$1.16​.
    * The company reported quarterly net income of $367.87
million.
    * Zoom Communications Inc shares had risen by 1.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 21
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Zoom
Communications Inc is $90.70 
This summary was machine generated from LSEG data February 24 at
10:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2025      1.30           1.41           Beat
 Oct. 31 2024      1.31           1.38           Beat
 Jul. 31 2024      1.21           1.39           Beat
 Apr. 30 2024      1.20           1.35           Beat