What's Going On With Zoom Stock?

Zoom Video Communications, Inc. ZM shares are trading higher Tuesday. The stock has trended higher since the company reported second-quarter earnings towards the end of August.

What To Know: Zoom stock has steadily risen since its earnings report on Aug. 21, posting earnings of $1.34 per share, which beat the analyst consensus estimate of $1.05, and revenue of $1.14 billion, which beat the analyst consensus estimate of $1.11 billion. The company also issued strong earnings per share guidance for both the third-quarter and the full-year 2024.

The stock has been trending higher since the report by over 7%.

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ZM Price Action: Shares of ZM were up 2.72% at $73.67 at the time of publication, according to Benzinga Pro.

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