Zscaler (ZS) closed the newest buying and selling day at $52.06, shifting +0.77% from the earlier b
Zscaler (ZS) closed the newest buying and selling day at $52.06, shifting +0.77% from the earlier buying and selling session. The inventory outpaced the S&P 500’s day by day achieve of 0.42%. Elsewhere, the Dow gained 0.15%, whereas the tech-heavy Nasdaq added 0.66%.
Previous to at present’s buying and selling, shares of the cloud-based data safety supplier had gained 19.81% over the previous month. This has outpaced the Laptop and Expertise sector’s achieve of 4.8% and the S&P 500’s achieve of 4.09% in that point.
ZS can be trying to show energy because it nears its subsequent earnings launch, which is predicted to be December 3, 2019. On that day, ZS is projected to report earnings of $0.01 per share, which might symbolize no progress from the year-ago interval. In the meantime, our newest consensus estimate is looking for income of $89.34 million, up 41.14% from the prior-year quarter.
Wanting on the full 12 months, our Zacks Consensus Estimates counsel analysts expect earnings of $0.14 per share and income of $401.31 million. These totals would mark modifications of -36.36% and +32.52%, respectively, from final 12 months.
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