ZOOM VIDEO STOCK PRICE TODAY FULL
ZOOM VIDEO STOCK PRICE TODAY FREE

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ZOOM VIDEO STOCK PRICE TODAY FREE

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Closing above there on Tuesday would signal a turnaround is truly in the works. The post-session rally also had Zoom stock trading above the top line of its descending price channel. The 50-day moving average will be the target on Tuesday. The jump afterhours pushed Zoom stock the whole way above the 50-day moving average, at least briefly. It still sees revenue coming in at $4.54 billion.

ZOOM VIDEO STOCK PRICE TODAY FULL

For the full year, Zoom raised its EPS expectation by about 20 cents to between $3.70 and $3.77. They put FQ2 EPS between 90 and 92 cents and revenue at $1.12 billion. Management offered fiscal Q2 guidance, the quarter, that was also better than analysts had been expecting. Benchmark on the other hand believed that shares had already been beaten down and were in line for a rally if the quarter is a success. Before the earnings release Citi and Piper Sandler both put a neutral outlook on ZM shares. This implied EPS dropping by 33% YoY and revenue climbing 12% over that timeline. Wall Street consensus had ZM pegged for the quarter at $0.87 a share though. In the quarter a year ago, Zoom reported adjusted EPS of $1.32. The market expected a fall in YoY profitability, which it got but at a lower reduction than expected. Shares jumped from a closing price of $89.33 to above $106. Revenue came in right in line at $1.07 billion. Zoom delivered adjusted earnings per share (EPS) of $1.03, which beat consensus by about 18%. Zoom (ZM) stock exploded 19% afterhours on Monday after the video conferencing company delivered results for the quarter ending April 30 that impressed the market.

Analysts expected 87 cents a share on $1.07 billion.

ZM stock has been down as much as 85% from its all-time high.

Zoom Video reported terrific earnings after the close on Monday.

Zoom video stock price today