Zscaler (ZS - Free Report) is set to report second-quarter fiscal 2020 results on Feb 20.
For the quarter, the company projects total revenues between $97 million and $100 million. Management expects billings to increase as historical trends suggest strong billings in second and fourth quarters with sequential declines in first and third quarters.
The Zacks Consensus Estimate for revenues is pegged at $98.9 million, indicating an increase of 33.1% from the year-ago quarter’s reported figure.
Moreover, Zscaler expects non-GAAP earnings at around 3 cents per share. The consensus mark for earnings has remained unchanged at 3 cents over the past 30 days.
Notably, the company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average positive surprise being 550%.
Let’s see how things have shaped up for this announcement.
Zscaler, Inc. Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Zscaler (ZS - Free Report) is set to report second-quarter fiscal 2020 results on Feb 20.
For the quarter, the company projects total revenues between $97 million and $100 million. Management expects billings to increase as historical trends suggest strong billings in second and fourth quarters with sequential declines in first and third quarters.
The Zacks Consensus Estimate for revenues is pegged at $98.9 million, indicating an increase of 33.1% from the year-ago quarter’s reported figure.
Moreover, Zscaler expects non-GAAP earnings at around 3 cents per share. The consensus mark for earnings has remained unchanged at 3 cents over the past 30 days.
Notably, the company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average positive surprise being 550%.
Let’s see how things have shaped up for this announcement.
Zscaler, Inc. Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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