![]() Zoom stock has exploded this year on expectations that the pandemic would drive paid subscriber growth for the video-conferencing service as the US went into a sweeping lockdown to curb the spread of COVID-19. Analysts see earnings per share of 10 cents, more than triple the previous quarter, and revenue surging 66% to $203 million. Wall Street analysts are expecting a hefty beat from the company, whose video conferencing has become a preferred method of communication amid the coronavirus pandemic. It is the company's first earnings release that will show the impact of the coronavirus pandemic on the bottom line. Zoom is scheduled to report first-quarter fiscal 2021 earnings on Tuesday, June 2 at 5:30 p.m. Shares of Zoom Video Communications surged as much as 15% Monday, reaching an all-time high of $205.87 in intraday trading as investors await the company's first-quarter earnings report.
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