Gear Up for Zoom Video (ZM) Q3 Earnings: Wall Street Estimates for Key Metrics

Core Insights - Analysts project Zoom Video Communications (ZM) will report quarterly earnings of $1.31 per share, a 1.6% increase year over year, with revenues expected to reach $1.16 billion, reflecting a 2.3% increase from the same quarter last year [1] Earnings Projections - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [2] Key Metrics Estimates - Analysts forecast 'Geographic Revenue- Asia Pacific (APAC)' to be $143.44 million, indicating a -0.3% change from the prior-year quarter [4] - 'Geographic Revenue- Europe, Middle East, and Africa (EMEA)' is expected to reach $185.58 million, showing a +4% change from the year-ago quarter [4] - 'Geographic Revenue- Americas' is projected at $833.77 million, reflecting a +2.4% change from the previous year [4] Customer Metrics - The number of 'Enterprise Customers' is estimated to be 196,459, down from 219,700 in the same quarter last year [5] - 'Customers >$100K TTM Revenue' is expected to reach 4,042, compared to 3,731 in the same quarter last year [5] Remaining Performance Obligations (RPO) - The consensus estimate for 'Remaining Performance Obligations (RPO)' is $3.76 billion, up from $3.57 billion a year ago [6] - 'Current Remaining Performance Obligation (RPO)' is projected at $2.19 billion, compared to $2.08 billion last year [6] - 'Non-Current Remaining Performance Obligation (RPO)' is estimated at $1.55 billion, up from $1.50 billion a year ago [7] Stock Performance - Zoom Video shares have returned +7.7% over the past month, outperforming the Zacks S&P 500 composite's +1% change, with a Zacks Rank 2 (Buy) indicating expected outperformance in the near future [8]