$Zscaler(ZS.US)$ reported its Q1 earnings results on Tuesday, November 30, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Zscaler beat estimated earnings by 16.67%, reporting an EPS of $0.14 versus an estimate of $0.12, which surprised analysts.
Revenue was up $87,939,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 3.42% drop in the share price the next day.
Here's a look at Zscaler's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.07 | 0.08 | 0.06 |
| EPS Actual | 0.14 | 0.15 | 0.10 | 0.14 |
| Revenue Estimate | 186.82M | 163.71M | 147.35M | 132.31M |
| Revenue Actual | 197.07M | 176.40M | 157.04M | 142.58M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Zscaler management provided guidance for their next quarter, expecting earnings between $0.12 and $0.12 per share for the next quarter.
This represents a -14.29% in quarter-over-quarter growth for Zscaler, a bearish signal to many investors.
Price Action: $Zscaler(ZS.US)$ shares were up 4.78% at 363.55 in Tuesday after-hours.