Zoom Video Communications Inc (NASDAQ: ZM) shares are trading lower in Monday's after-hours session after the company reported better-than-expected results, but issued guidance below
Zoom Video Communications (NASDAQ:ZM) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $0.84 by 27.38 percent. This is a 3.6 percent decrease over earnings of $1.11 per share
Data from https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
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Zoom Video Communications
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The CNN Money Fear and Greed index showed some easing in the overall market sentiment among US investors despite the Dow Jones recording gains on Friday.
US stocks settled mostly higher as investors digested earnings reports and recent comments from Fed officials.
All of the major indices recorded losses for the week, but are still positive for the month.
Companies Reporting Before The Bell
• Zepp Health (NYSE:ZEPP) is expected to report quarterly earnings at $0.54 per share on revenue of $186.58 million.