share_log

Trading Strategies for Zoom Communication Stock Before And After Q4 Earnings

Benzinga ·  Feb 27 03:45

Zoom Video Communications, Inc(NASDAQ:ZM) was trading near flat on Monday, as the company headed into its fourth-quarter earnings print after the market close.

When Zoom printed its third-quarter results on Nov. 20, the stock was highly volatile the following day, sliding over 4% lower at one point before closing the trading session flat. The stock then continued in its uptrend, which brought Zoom to a high of $74.77 on Dec. 27.

For that quarter, Zoom reported revenue of $1.137 billion, which slightly beat the $ 1.12 billion consensus estimate. The company reported earnings per share of $1.29, beating a consensus estimate of $1.08.

On Jan...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment