Zscaler (NASDAQ: $ZS) Financial Health and Growth Metrics

Zscaler (NASDAQ: ZS ) will release its earnings data after the market closes on Thursday, February 29th. Analysts expect Zscaler to post earnings of $0.58 per share for the quarter. Zscaler has set its Q2 guidance at $0.57-0.58 EPS and its FY24 guidance at $2.45-2.48 EPS.

Zscaler (NASDAQ: ZS ) last issued its quarterly earnings data on Monday, November 27th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.18. The firm had revenue of $496.70 million during the quarter, compared to the consensus estimate of $473.36 million. Zscaler ( ZS ) had a negative return on equity of 21.39% and a negative net margin of 9.54%. The firm’s revenue was up 39.7% on a year-over-year basis. During the same period in the prior year, the business earned ($0.47) EPS. On average, analysts expect Zscaler to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Zscaler ( ZS ) stock today fell 14% in sympathy with the 28% plunge in shares of cybersecurity competitor Palo Alto Networks ( PANW ), which lowered guidance and said a shift in its go-to-market strategy would weigh on revenue and billings growth over the next 12 to 18 months.

Trading around $213.92, Zscaler ( ZS ) stock is still up 11% since the company in late November reported that fiscal Q1 (Oct.) revenue advanced 40%, double Palo Alto’s top-line growth rate in the comparable quarter. Zscaler ( ZS ) will release FQ2 (Jan.) results on February 29.

Zscaler Price Performance
Shares of ZS opened at $213.92 on Thursday. The company has a market cap of $31.73 billion, a P/E ratio of -184.41, and a beta of 0.86. Zscaler ( ZS ) has a 50-day MA price of $229.99 and a 200 day moving average price of $173.81. Zscaler ( ZS ) has a debt-to-equity ratio of 1.40, a current ratio of 1.96 and a quick ratio of 1.96. Zscaler ( ZS ) has a 1 month low of $202.86 and a 1 month high of $260.51.