Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. Per this projection, the revenue is forecast to grow 6.70% above that which the company brought in 2023.
Staying with the analyst view, there is a consensus estimate of $4.38 billion for the company’s annual revenue in 2023. The average estimate suggests sales growth for the quarter will likely rise by 2.70% when compared to those recorded in the same quarter in the last financial year. On average, analysts have forecast the company’s revenue for the quarter will hit $1.1 billion, with the likely lows of $1.08 billion and highs of $1.12 billion. In this case, analysts estimate an annual EPS growth of -22.10% for the year and -7.30% for the next year. Analysts tracking ZM have forecast the quarterly EPS to grow by 0.8 per share this quarter, while the same analysts predict the annual EPS to hit $3.95 for the year 2023 and up to $3. Zoom Video Communications Inc., which has a market valuation of $20.42 billion, is expected to release its quarterly earnings report – May 26, 2023. Here are five of the best ways to profit from the AI boom. And investors like you always want to get in on the hottest stocks of tomorrow. And it's about to change everything we know about everything.Īccording to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. The artificial intelligence (AI) revolution is already here.
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