Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
On Wednesday, September 02, Zuora (NYSE: ZUO) will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Analysts are expecting Zuora to report a loss of $0.07 per share. Revenue will likely be around $73.47 million, according to the consensus estimate. Zuora's loss in the same period a year ago was $0.09 per share. Quarterly sales came in at $69.73 million. If the company were to report in line earnings when it publishes results Wednesday, earnings would be up 22.22%. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.10 | -0.10 | -0.09 | -0.14 |
| EPS Actual | -0.06 | -0.09 | -0.06 | -0.09 |
| Revenue Estimate | 71.43 M | 71.95 M | 70.40 M | 66.97 M |
| Revenue Actual | 73.90 M | 70.39 M | 71.82 M | 69.73 M |
Stock Performance
Shares of Zuora were trading at $13.6 as of September 01. Over the last 52-week period, shares are down 3.61%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Zuora is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.zuora.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2547993&sessionid=1&key=8F044CA0AEABC37F06CB9262A926477E®Tag=&sourcepage=register
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.