Post-earnings recap
Reported
Thu, May 21, 2026
EPS actual
$1.55
EPS est.
$0.93
EPS surprise
+65.95%
1-day move
-2.69%
Zoom Communications reported better-than-expected earnings per share, but did not provide revenue figures. Despite the EPS beat, the stock fell by 2.69%, indicating investor concerns or profit-taking after the announcement. The lack of guidance and revenue details may have contributed to the negative stock reaction.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.55 | $1.42 | +9.13% |
| Revenue | N/A | $1.2B | N/A |
No transcript is on record for the earnings call, so the analysis is based solely on numerical results.
Zoom Communications, Inc. is a technology company that provides video communication solutions, primarily through its popular video conferencing platform. As remote work and digital communication continue to grow, Zoom plays a crucial role in connecting people and businesses worldwide.
Last quarter
In the last quarter, Zoom reported an earnings surprise of 51.1%, with an EPS of $1.44 compared to expectations of $0.95. However, the stock fell by 2.38% the following day, indicating mixed investor sentiment despite the strong earnings.
EPS beat streak
8Q
EPS beat rate
100%
Avg EPS surprise
+72.19%
Avg 1-day reaction
-0.81%
Analysts expect Zoom to continue its strong performance with an EPS of $1.42 and revenue of $1.2B. The market is closely watching how the company navigates competition and evolving customer needs.
Bull case
If Zoom exceeds expectations, it could signal strong demand for its services and continued growth in the remote work sector, potentially boosting investor confidence.
Bear case
Conversely, if Zoom fails to meet expectations or provides weak guidance, it may raise concerns about its future growth prospects and competitive position.
Key metrics to watch
EPS
$1.42Earnings per share is a key indicator of the company's profitability and financial health.
Revenue
$1.2BRevenue growth reflects the company's ability to attract and retain customers in a competitive market.
The print will turn on these.
Q1
Will Zoom's revenue growth meet or exceed the $1.2B consensus?
Revenue performance is critical for assessing the company's ability to sustain growth in a competitive landscape.
Q2
What guidance will management provide regarding future customer acquisition and retention?
Management's insights on customer trends will be key to understanding Zoom's long-term growth potential.
—
Est. EPS
$0.20
Est. Rev
$410M
Impl. Move
±9.9%
Why consensus could be wrong
The consensus may underestimate Zoom's ability to capitalize on the ongoing shift to hybrid work environments, which could drive higher-than-expected revenue growth.
Supporting evidence
Zoom's recent strong earnings surprises indicate robust demand that may not be fully reflected in current estimates.
The options market's implied move of 8.3% suggests that significant volatility is anticipated, indicating that investors are bracing for potential surprises.
Key risk
If Zoom demonstrates strong customer retention and acquisition metrics, it could challenge the current revenue estimates.
Pre-commit to what would confirm each case.
The market is weighing Zoom's ability to sustain growth amidst increasing competition and changing customer needs.
Bull confirmed if
Exceeding $1.2B in revenue and maintaining strong customer growth rates would confirm the bull case.
Bear confirmed if
Falling short of the $1.2B revenue target or weak guidance would confirm the bear case.
What the market is pricing for the move.
Implied Move
±8.3%
Historical Avg
±2.1%
The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings announcement.
Options are pricing ±8.3% while ZM has averaged ±2.1% over the last 8 prints — setup is pricing rich.
ATM IV
2.0%
30d HV
51.3%
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$0.00
0 sh
0 insiders
Sold
$2.5M
26,837 sh
2 insiders
Net
$2.5M
Net selling
Most Active Insiders· 6 open-market trades
$2.3M
Net selling
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Zoom beats expectations, history suggests the stock could rise around 0.21% the following day, reinforcing positive sentiment.
In line / cautious
If results are in line but management provides cautious commentary, the stock may experience muted movement as investors reassess growth prospects.
Miss
A miss could lead to a decline, with historical patterns suggesting an average drop of around 1.52% following disappointing results.
The lines on the call that would change the story.
$247,195.33
Net selling
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