Zoom(US:ZM) Zhi Tong Cai Jing·2026-02-26 15:08Core Viewpoint - Zoom Communications reported disappointing fourth-quarter earnings, missing profit expectations and providing lower-than-expected profit guidance, leading to a significant drop in stock price [1] Financial Performance - Adjusted earnings per share (EPS) for the fourth quarter were $1.44, falling short of the analyst consensus of $1.49 by $0.05 [1] - Revenue reached $1.25 billion, exceeding the expected $1.23 billion, with a year-over-year growth of 5.3% [1] - Enterprise revenue grew by 7.1% year-over-year to $757.3 million, and the number of customers contributing over $100,000 in revenue over the past 12 months increased by 9.3% to 4,468 [1] Future Guidance - For the first quarter of fiscal year 2027, Zoom expects adjusted EPS to be between $1.40 and $1.42, with a midpoint of $1.41, which is below the analyst consensus of $1.45 [1] - The company anticipates first-quarter revenue to be between $1.22 billion and $1.23 billion, with a midpoint of $1.23 billion, slightly above the consensus of $1.22 billion [1] - For the full fiscal year 2027, Zoom's adjusted EPS guidance is set at $5.77 to $5.81, with a midpoint of $5.79, significantly lower than the consensus of $5.97 [1] - However, the revenue guidance for the full year is projected to be between $5.065 billion and $5.075 billion, with a midpoint of $5.070 billion, surpassing the analyst consensus of $4.838 billion [1]