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Earnings Estimates Moving Higher for Zoom Video (ZM): Time to Buy?
ZMZoom(ZM) Zacks Investment Research·2024-03-01 18:21

Zoom Video Communications (ZM) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this video-conferencing company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong ...