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November 27, 2024

Zscaler Earnings Preview: Revenue Growth Expected Despite EPS Decline

Zscaler NASDAQ:ZS heads toward its quarterly earnings release on December 2, 2024, looking to report a projected revenue of 605.68 million with a 21.9% year-over-year growth. Analysts estimate the EPS at 0.63, showing a 6% decline compared to last year’s figures.

As a leading cloud security provider, Zscaler focuses on securing connections and protecting data for businesses globally. The stability of earnings expectations indicates confidence among analysts despite profitability challenges.

The revenue forecast underlines Zscalerโ€™s capability to expand its market presence, attracting more clients. Maintaining consistent analyst expectations can influence short-term price performance.

From a valuation standpoint, Zscaler’s price-to-sales ratio of 14.79 highlights the marketโ€™s view of its sales relative to revenue. While current profitability poses challenges, a debt-to-equity ratio of 0.90 signals a moderate level of financial leverage, showing the company can manage its obligations in the industry.

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