Zscaler (ZS) To Report Earnings Tomorrow: Here Is What To Expect

StockStory
03-04
Zscaler (ZS) To Report Earnings Tomorrow: Here Is What To Expect

Cloud security platform Zscaler (NASDAQ:ZS) will be reporting results tomorrow after market hours. Here’s what to expect.

Zscaler beat analysts’ revenue expectations by 3.5% last quarter, reporting revenues of $628 million, up 26.4% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates and full-year EPS guidance exceeding analysts’ expectations.

Is Zscaler a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Zscaler’s revenue to grow 20.8% year on year to $634.4 million, slowing from the 35.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.69 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Zscaler has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Zscaler’s peers in the cybersecurity segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Palo Alto Networks delivered year-on-year revenue growth of 14.3%, beating analysts’ expectations by 0.8%, and Okta reported revenues up 12.7%, topping estimates by 2.1%. Palo Alto Networks’s stock price was unchanged following the results.

Read our full analysis of Palo Alto Networks’s results here and Okta’s results here.

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10