(ZI) FY2024Q2 Earning Prediction
(ZI) is set to release its earnings performance on 08/05 04:00:00 in trading. Consensus forecasts predict a revenue of 308.00M and an earnings per share (EPS) of 0.15 for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
Earnings Surprise Analysis
ZI Transcript
The earnings call reveals strong financial performance, exceeding guidance in key areas such as GAAP revenue and adjusted operating income. The company's shareholder return plan, with significant share repurchases, is a positive indicator. While competitive pressures and market challenges exist, the company's strategic focus on upmarket growth and AI-driven products like CoPilot provide optimism. The Q&A highlights management's confidence in navigating challenges and potential for growth, particularly in the upmarket segment. Overall, the sentiment is positive, with a likely stock price increase of 2% to 8% over the next two weeks.
The earnings call summary and Q&A indicate positive financial performance and strategic growth, particularly in upmarket segments and partnerships like with Intuit. Despite a decline in down-market revenue, strong metrics such as exceeding revenue guidance, high operating income, and substantial share repurchases reflect robust financial health. The cautious guidance due to uncertainty is not based on immediate negative trends. Given the company's market cap, the positive indicators, and strategic focus on profitable segments, the stock price is likely to see a moderate positive movement (2% to 8%) over the next two weeks.
The earnings call highlights strong financial performance with record revenue growth and improved customer satisfaction. The share repurchase program is substantial, enhancing shareholder value. The Q&A session indicates confidence in upmarket growth and product innovation, although management was vague on some specifics. The market cap suggests a moderate reaction, leading to a positive prediction for stock price movement over the next two weeks.
The earnings call highlighted strong financial performance with GAAP revenue and operating income exceeding guidance, a significant share repurchase program, and positive growth in enterprise ACV and Copilot adoption. The Q&A session indicated stable demand and positive customer feedback, despite some conservative guidance and challenges in the SMB segment. The company's focus on upmarket growth and margin expansion, along with a healthy cash position, suggests a positive outlook. Given the market cap, a 2% to 8% stock price increase is expected over the next two weeks.
ZI Report
Frequently Asked Questions
What is the undefined FY2024Q2 Earnings Release Date and Time?
(ZI) is scheduled to release its FY2024Q2 earnings report onAug 5, 2024, (approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for undefined FY2024Q2 Revenue and EPS?
Analysts' consensus predicts 308.00M in revenue and an EPS of 0.00 for 's FY2024Q2.
What Does Intellectia's AI Predict for undefined FY2024Q2 Earnings?
Intellectia's exclusive AI algorithms forecast a for's FY2024Q2 earnings, with a prediction date of Aug 5, 2024.
How Can I Use This Earnings Prediction to Trade ZI Stock?
Leverage Intellectia's AI forecast to position trades ahead of theAug 5, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like undefined FY2024Q2?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2025-2026 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
