Zoom Video Communications (ZM) Ascends While Market Falls: Some Facts to Note

The investment community will be paying close attention to the earnings performance of Zoom Video Communications in its upcoming release. On that day, Zoom Video Communications is projected to report earnings of $1.21 per share, which would represent a year-over-year decline of 9.7%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.15 billion, up 0.85% from the year-ago period. The video-conferencing company's shares have seen an increase of 5.14% over the last month, surpas ...