🔴 Zoom Communications is trading 5.26% down today after weaker-than-expected fiscal Q3 guidance

Zoom Communications is trading 5.26% down now at ARS 3245.00 after management issued weaker-than-expected fiscal Q3 guidance despite a fiscal Q2 earnings beat.

• Adjusted EPS guidance is $1.46-$1.48, below the $1.50 analyst estimate; revenue guidance is $1.275-$1.280 billion, below the $1.282 billion consensus.
• The company nevertheless raised its full-year outlook.
• The broader market is only modestly weaker, making the guidance shortfall the primary catalyst.