Zoom Video, An earnings reports to look out for

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We already have a long position for a few months but for the daytraders this might be a nice stock to pick up in the last hour.

Zoom Video ZM is set to report third-quarter fiscal 2021 results on Nov 30.

For the quarter, the company expects non-GAAP earnings between 73 cents and 74 cents per share. Total revenues are expected between $685 million and $690 million.

The consensus mark for revenues is pegged at $694.5 million, suggesting 316.9% growth from the figure reported in the year-ago quarter.

Zoom Video’s earnings beat the Zacks Consensus Estimate in all of the past four quarters, the average surprise being 129.7%.

I already have a long position for a few months but for the daytraders this might be a nice stock to pick up in the last hour.

Over the Wiseguy

Stock trader, Owner and Administrator of "the-wiseguy.com". . . "TA is like surfing. You don't have to know a lot about het physics of tides to catch a good wave. You just have to be able to sense when it's happening and have the drive to act at the right time"

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