Sunday, December 22, 2024

Zscaler Earnings Are Imminent; These Most Correct Analysts Revise Forecasts Forward Of Earnings Name – Zscaler (NASDAQ:ZS)

Zscaler, Inc. ZS will launch earnings outcomes for its first quarter, after the closing bell on Monday, Dec. 2.

Analysts anticipate the San Jose, California-based financial institution to report quarterly earnings at 63 cents per share, down from 67 cents per share within the year-ago interval. Zscaler tasks to report income of $605.55 million for the current quarter, in comparison with $496.7 million a 12 months earlier, in keeping with information from Benzinga Professional.

On Sept. 3, Zscaler reported fiscal fourth-quarter income of $592.9 million, beating the consensus estimate of $567.933 million.

Zscaler shares fell 2.5% to shut at $204.96 on Wednesday.

Benzinga readers can entry the most recent analyst rankings on the Analyst Inventory Scores web page. Readers can type by inventory ticker, firm identify, analyst agency, ranking change or different variables.

Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the current interval.

  • BTIG analyst Grey Powell maintained a Purchase ranking and raised the worth goal from $205 to $238 on Nov. 27. This analyst has an accuracy charge of 77%.
  • Jefferies analyst Joseph Gallo maintained a Purchase ranking and elevated the worth goal from $225 to $245 on Nov. 26. This analyst has an accuracy charge of 78%.
  • Keybanc analyst Eric Heath maintained an Chubby ranking and elevated the worth goal from $220 to $245 on Nov. 22. This analyst has an accuracy charge of 78%.
  • Barclays analyst Saket Kalia maintained an Chubby ranking and elevated the worth goal from $200 to $220 on Nov. 21. This analyst has an accuracy charge of 75%.
  • Stifel analyst Adam Borg maintained a Purchase ranking and boosted the worth goal from $220 to $235 on Nov. 14. This analyst has an accuracy charge of 78%.

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