• Zoom Communications Inc ZM.OQ reported quarterly adjusted earnings of $1.41​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $1.42. The mean expectation of twenty eight analysts for the quarter was for earnings of $1.30 per share. Wall Street expected results to range from $1.25 to $1.40 per share.

• Revenue rose 3.3% to $1.18 billion from a year ago; analysts expected $1.18 billion.

• Zoom Communications Inc's reported EPS for the quarter was $1.16​.

• The company reported quarterly net income of $367.87 million.

• Zoom Communications Inc shares had risen by 1.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 12 "strong buy" or "buy," 21 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Zoom Communications Inc is $90.70

This summary was machine generated from LSEG data February 24 at 10:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)