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Zuora (NYSE:ZUO) reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:08 PM.
Here's what investors need to know about the announcement.
Zuora beat estimated earnings by 140.0%, reporting an EPS of $0.12 versus an estimate of $0.05.
Revenue was up $7.63 million from the same period last year.
Last quarter the company beat on EPS by $0.04 which was followed by a 9.0% increase in the share price the next day.
Here's a look at Zuora's past performance:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.03 | 0 | -0.06 |
| EPS Actual | 0.09 | 0.07 | 0.05 | -0.04 |
| Revenue Estimate | 108.67M | 108.81M | 102.10M | 100.23M |
| Revenue Actual | 109.85M | 108.05M | 103.09M | 103.04M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Zuora management provided guidance for Q4 2024, expecting earnings between $0.04 and $0.05 per share.
To track all earnings releases for Zuora visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: ZUO
