Zoom Communications, Inc. (NASDAQ:ZM) will release earnings results for its fourth quarter, after the closing bell on Wednesday, Feb. 25.
Analysts expect the San Jose, California-based company to report quarterly earnings at $1.49 per share, up from $1.41 per share in the year-ago period. The consensus estimate for Zoom’s quarterly revenue is $1.23 billion, versus $1.18 billion a year earlier, according to data from Benzinga Pro.
Ahead of quarterly earnings, Benchmark analyst Matthew Harrigan, on Tuesday, maintained Zoom with a Buy and lowered the price target from $115 to $110.
Zoom shares gained 1.7% to close at $87.51 on Tuesday.
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