Zuora: Q4 Earnings Insights

Zuora 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.

Earnings

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.

Past Earnings Performance

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).

Guidance

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.

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Posted In: EarningsBZI-Recaps
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