Move decomposition
Earnings contribution and valuation offset
The market move is separated into the change in trailing earnings power and the offset from relative valuation.
US Equity · NASDAQ · Earnings Dossier
ZM earnings intelligence
Zoom Video Communications IncTechnology · Software - Application · USD reporting basis
Current earnings profile
Delivery and acceptance aligned
Results have usually cleared estimates and the next completed weekly close has, on average, confirmed the delivery.
Evidence99/100 · Deep
Next scheduled catalyst
Tuesday 25 August 2026
After the close · Fiscal period ending 31 Jul 2026
52event risk
Elevated
Countdown12 dayscalendar proximity
EPS estimate1.01 USDprovider consensus
Estimate growth-34.0%versus comparable year-ago actual
Historical movement8.5%average absolute next weekly close
Three-year earnings transmission
Delivered earnings power versus market price
Market price is leading earnings power; the spread is closing and has persisted through 1 update. Both series begin at 100, so the gap isolates the relative change in price and trailing earnings power.
Market move57.6%2023-08-18 to 2026-08-07
Earnings move34.2%trailing diluted EPS
Unresolved spread-23.4 ptsClosing
Current multiple17.3xprice divided by TTM EPS
Relationship pressure25/100Low
Model confidence98/100High
Relationship controls
What qualifies the headline spread
Business quality supportive
Cash generation and operating evidence are broadly supportive.
Beat rate91.7%11 beats in 12 measured quarters
Average surprise+11.8%median 10.0%
Delivery streak11 consecutive beats
Average response+1.8%12 measured reactions
Result-price confirmation64%same directional sign
Surprise variability7.9 ptspopulation dispersion
Estimate delivery
Actual EPS versus consensus
Actual and estimated EPS are displayed in reported currency on the same quarterly basis.
Price acceptance
Surprise and next weekly close
The response uses the first completed weekly close after the public report against the prior completed weekly close.
Fundamental delivery
Quarterly revenue and net income
Reported financial statements provide scale and earnings quality context around the headline EPS result.
Transmission matrix
Does price confirm delivery?
Upper right and lower left observations confirm the sign of delivery. The other quadrants expose expectation or resilience effects.
Current business context
Growth, quality and valuation
EPS growth97.5%year on year
Revenue growth5.0%year on year
Average surprise5.6%latest four quarters
SUE1.42standardised surprise
Net margin42.0%trailing basis
Cash conversion1.01xcash flow / net income
P/E14.8xcurrent snapshot
Data completeness100%alphavantage
Market context
Positioning into the event
Weekly close104.50 USDcompleted week
13-week return-4.3%price momentum
Fair-value gap37.2%price versus current fair value
Relative strength5.0exchange benchmark
Trend signalActiveweekly architecture
Next-week stateUndecided48.9%
Market context describes the setup surrounding the report. It does not convert the earnings event into a directional forecast.
Reported evidence ledger
Quarter-by-quarter delivery and acceptance
Each row preserves the reported estimate, public date, statement context and conservative weekly reaction measurement.
Reported / periodEPS actual / estimateSurpriseEPS growthRevenue / growthNext close / four weeksRead
Reported / period21 May 202630 Apr 2026 · exact
EPS actual / estimate1.55 / 1.42USD
Surprise+9.2%Beat
EPS growth+8.4%year on year
Revenue / growth1239006000+5.5% · USD
Next close / four weeks+5.5% / -6.5%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period25 Feb 202631 Jan 2026 · exact
EPS actual / estimate1.44 / 1.49USD
Surprise-3.4%Miss
EPS growth+2.1%year on year
Revenue / growth1246992000+5.3% · USD
Next close / four weeks-18.1% / -15.2%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period24 Nov 202531 Oct 2025 · exact
EPS actual / estimate1.52 / 1.44USD
Surprise+5.6%Beat
EPS growth+10.1%year on year
Revenue / growth1229835000+4.4% · USD
Next close / four weeks+8.1% / +14.2%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period21 Aug 202531 Jul 2025 · exact
EPS actual / estimate1.53 / 1.38USD
Surprise+10.9%Beat
EPS growth+10.1%year on year
Revenue / growth1217227000+4.7% · USD
Next close / four weeks+12.8% / +14.8%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period21 May 202530 Apr 2025 · exact
EPS actual / estimate1.43 / 1.31USD
Surprise+9.2%Beat
EPS growth+5.9%year on year
Revenue / growth1174715000+2.9% · USD
Next close / four weeks-6.3% / -9.4%completed weekly closes
ReadDivergedresult versus price sign
Reported / period24 Feb 202531 Jan 2025 · exact
EPS actual / estimate1.41 / 1.31USD
Surprise+7.6%Beat
EPS growth-0.7%year on year
Revenue / growth1184138000+3.3% · USD
Next close / four weeks-10.7% / -7.9%completed weekly closes
ReadDivergedresult versus price sign
Reported / period25 Nov 202431 Oct 2024 · exact
EPS actual / estimate1.38 / 1.31USD
Surprise+5.3%Beat
EPS growth+7.0%year on year
Revenue / growth1177541000+3.6% · USD
Next close / four weeks-3.7% / -0.3%completed weekly closes
ReadDivergedresult versus price sign
Reported / period21 Aug 202431 Jul 2024 · exact
EPS actual / estimate1.39 / 1.22USD
Surprise+13.9%Beat
EPS growth+3.7%year on year
Revenue / growth1162520000- · USD
Next close / four weeks+20.8% / +16.4%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period20 May 202430 Apr 2024 · exact
EPS actual / estimate1.35 / 1.19USD
Surprise+13.4%Beat
EPS growth-year on year
Revenue / growth1141234000- · USD
Next close / four weeks-1.8% / -10.0%completed weekly closes
ReadDivergedresult versus price sign
Reported / period26 Feb 202431 Jan 2024 · exact
EPS actual / estimate1.42 / 1.15USD
Surprise+23.5%Beat
EPS growth-year on year
Revenue / growth1146457000- · USD
Next close / four weeks+11.8% / +4.0%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period20 Nov 202331 Oct 2023 · exact
EPS actual / estimate1.29 / 1.08USD
Surprise+19.4%Beat
EPS growth-year on year
Revenue / growth1136727000- · USD
Next close / four weeks+0.6% / +11.6%completed weekly closes
ReadContainedresult versus price sign
Reported / period21 Aug 202331 Jul 2023 · exact
EPS actual / estimate1.34 / 1.06USD
Surprise+26.4%Beat
EPS growth-year on year
Revenue / growth-- · USD
Next close / four weeks+2.1% / +7.3%completed weekly closes
ReadConfirmedresult versus price sign
Reproducible method
How the earnings dossier is measured
Reported diluted EPS is compared with the stored estimate for the same fiscal period. Moves within ±0.5% are classified as in-line.
The first completed weekly close after the public date is compared with the prior completed weekly close. Four-week response uses the first close at least 21 days later.
Risk combines proximity, average absolute price movement, surprise variability, estimate availability and timing certainty. It does not score direction.
Exact public dates are used when stored. Missing estimates, timing and statement fields remain missing. No result or reaction is filled from a future observation.
Independent market research for education. Not investment advice, a recommendation, forecast, target or execution instruction.