Zscaler shares have fallen 32% over the past month, underperforming the broader market and its industry. The cloud security provider is expected to report earnings of $1.08 per share for the current quarter, a 21.4% increase from a year ago, with the consensus estimate rising 531.3% over the last 30 days. For the current fiscal year, the consensus earnings estimate is $4.13, up 25.9% year-over-year and revised 436.5% higher over the past month. Revenue is projected to reach $877.19 million for the current quarter, a 22% increase, while full-year sales estimates stand at $3.33 billion and $3.9 billion for the current and next fiscal years, respectively. Despite these upward revisions, Zscaler carries a Zacks Rank #3 (Hold) and a Value Style Score of F, indicating it trades at a premium to peers.
ZSCALER INC. DL-,001Same as Zscaler Inc; article covers earnings estimate revisions and valuation for the same company.
Zscaler IncArticle discusses earnings estimate revisions and valuation, but stock has fallen 32% despite upward revisions, with a Hold rating and Value Style Score of F.