Zscaler(US:ZS) ZACKS·2025-11-21 15:16Core Insights - Analysts project Zscaler (ZS) will report quarterly earnings of $0.85 per share, a 10.4% increase year over year, with revenues expected to reach $773.35 million, reflecting a 23.2% increase from the same quarter last year [1] Earnings Estimates - There has been a 2% upward revision in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their initial forecasts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are strongly correlated with short-term stock price performance [3] Revenue Breakdown - 'Revenues- Direct Customers' are projected to be $92.97 million, representing a 33.6% increase year over year [5] - 'Revenues- Channel Partners' are expected to reach $680.24 million, indicating a 21.8% year-over-year change [5] - Analysts forecast 'Billings' to be $615.21 million, up from $516.70 million reported in the same quarter last year [5] Key Metrics - The 'Dollar-Based Net Retention Rate' is anticipated to be 114.1%, slightly up from 114.0% a year ago [6] - 'Remaining Performance Obligations' are expected to total $5.65 billion, compared to $4.41 billion in the previous year [6] Stock Performance - Zscaler shares have decreased by 12.3% over the past month, contrasting with the Zacks S&P 500 composite's decline of 2.8% [6] - Zscaler holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [6]