Earnings Preview: Zovio

Zovio ZVO is set to give its latest quarterly earnings report on Friday, 2022-04-15. Here's what investors need to know before the announcement.

Analysts estimate that Zovio will report an earnings per share (EPS) of $-0.11.

Zovio bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Past Earnings Performance

Last quarter the company missed EPS by $0.05, which was followed by a 15.77% drop in the share price the next day.

Here's a look at Zovio's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.07 -0.05 -0.01
EPS Actual -0.12 -0.02 -0.10
Price Change % -15.77% 0.78% -38.18%

eps graph

Stock Performance

Shares of Zovio were trading at $0.683 as of April 13. Over the last 52-week period, shares are down 81.51%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Zovio visit their earnings calendar on our site. to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsBZI-EP
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!