Zoom Communications, Inc.(ZM)
NASDAQ
$94.77
0.57 (0.61%)

Zoom Communications, Inc.(ZM)Earnings Date, History & Expected Move
NASDAQ

ZM is scheduled to report on Nov 23, 2026, after the market closes. Analysts expect EPS of $1.53.

Next report
Nov 23, 2026
In 45 days · after close
EPS beat rate
100%
10 of 10 quarters (+2 not counted)
Avg move after earnings
±7.2%
Up 42% of the time · last 12
Options-implied move
—
No reliable options quote yet

EPS: Actual vs Estimate

Reported earnings per share against the consensus estimate, last 12 quarters.

Green = beat or met, red = missed, amber = our data sources disagree on beat vs miss for that quarter.

Stock Reaction After Earnings

Close-to-close move in the first session that reflected each report.

Dashed lines mark the average actual move (±7.2%).

Did the stock rise after good news?

"Beat" means the company earned more than analysts expected. Here is what the stock did the next day.

When it beat expectations
10 reports

In plain words: it beat expectations 10 times, but the stock still fell 6 of those 10 times.

Report by report
  • Aug '26
    Beat
    ▼ -7.0%
  • Nov '25
    Beat
    ▲ +9.8%
  • Aug '25
    Beat
    ▲ +12.7%
  • May '25
    Beat
    ▼ -0.2%
  • Feb '25
    Beat
    ▼ -8.5%
  • Nov '24
    Beat
    ▼ -6.3%
  • Aug '24
    Beat
    ▲ +13.0%
  • May '24
    Beat
    ▼ -0.4%
  • Feb '24
    Beat
    ▲ +8.0%
  • Nov '23
    Beat
    ▼ -0.1%

Only reports with a clear beat or miss and a known price reaction are counted. A beat does not guarantee a gain.

After an EPS beat
+2.1%
average next-day move · up 40% of 10 times
After an EPS miss
—
Not enough quarters yet

Why did ZM fall after beating earnings?

Beating or missing estimates is only part of the story. These are the measurable things that stand out for each surprising reaction.

ZM beat EPS estimates in 10 quarters, and the stock still closed lower the next day 6 times. In 5 of the 6 where we have price data, the stock had already run up before the report.

  • Aug 25, 2026EPS beat +4.7%stock -7.0% next day
    • It had risen 10.3% in the 20 trading sessions before the report, so good news may already have been priced in.
    • It opened 5.7% lower as soon as trading resumed.
  • May 21, 2025EPS beat +9.2%stock -0.2% next day
    • It had risen 13.0% in the 20 trading sessions before the report, so good news may already have been priced in.
    • It opened 2.0% lower as soon as trading resumed.
  • Feb 24, 2025EPS beat +7.6%stock -8.5% next day
    • It opened 4.2% lower as soon as trading resumed.
  • Nov 25, 2024EPS beat +5.3%stock -6.3% next day
    • It had risen 20.6% in the 20 trading sessions before the report, so good news may already have been priced in.
    • It opened 5.6% lower as soon as trading resumed.
  • May 20, 2024EPS beat +13.4%stock -0.4% next day
    • It had risen 7.6% in the 20 trading sessions before the report, so good news may already have been priced in.
    • It opened 2.0% lower as soon as trading resumed.
  • Nov 20, 2023EPS beat +19.4%stock -0.1% next day
    • It had risen 8.0% in the 20 trading sessions before the report, so good news may already have been priced in.
    • It opened 3.5% lower as soon as trading resumed.

These are patterns visible in estimates and prices, not confirmed causes. Information only, not investment advice.

Was ZM's earnings move already priced in?

Stocks often move in the weeks before a report. This compares that run-up with what happened after the report.

Avg move in the month before
+3.7%
last 12 reports
Higher before the report
67%
of the time
After a run-up of 3%+
Fell 71%
7 reports, avg +1.2%
After a drop of 3%+
Rose 75%
4 reports, avg +4.7%

“Month before” is the move over the 20 trading days up to the last close before the report. “Priced in” means the good news may already be in the price. A run-up of 5% or more is treated as large.

Before vs after each report

Grey: how the stock moved in the 20 trading days before the report. Green or red: how it moved the day after.

Past reports only: this shows what happened, not what will happen.

Does ZM hold its opening gap after earnings?

A gap is how far the stock opens from the previous close. A gap fades when the stock gives back at least half of it by the end of the day.

In 12 reports ZM opened at least 1% away from the previous close. It gave back half or more of that gap by the close 3 of 12 times (25%). Gaps up faded 0 of 5; gaps down recovered 3 of 7.

  • Aug 25, 2026Held
    Opened -5.7%, closed -7.0%
  • May 21, 2026Held
    Opened +12.1%, closed +9.2%
  • Feb 25, 2026Held
    Opened -7.5%, closed -11.6%
  • Nov 24, 2025Held
    Opened +6.4%, closed +9.8%
  • Aug 21, 2025Held
    Opened +3.6%, closed +12.7%
  • May 21, 2025Faded
    Opened -2.0%, closed -0.2%
  • Feb 24, 2025Held
    Opened -4.2%, closed -8.5%
  • Nov 25, 2024Held
    Opened -5.6%, closed -6.3%

Gap = opening price vs the previous close. Close = the end of the first session that reflected the report. Reports without a clear opening time are left out.

What the history says

  • ZM has beaten EPS estimates in 10 straight quarters (quarters where our data sources disagree are skipped).
  • It fell after 6 of its 10 EPS beats (60%): beating estimates has not been enough on its own.

ZM earnings history

Last 12 reported quarters with the stock's reaction.

Swipe sideways to see every column →

Report dateTimeEPS est.EPS actualSurprise1-day move3-day move
Aug 25, 2026After close$1.48$1.55+4.7%-7.03%-2.47%
May 21, 2026After close$1.42$1.55sources differ+9.19%+3.32%
Feb 25, 2026After close$1.49$1.44sources differ-11.58%-14.88%
Nov 24, 2025After close$1.44$1.52+5.6%+9.85%+8.09%
Aug 21, 2025After close$1.38$1.53+10.9%+12.71%+7.71%
May 21, 2025After close$1.31$1.43+9.2%-0.24%-4.10%
Feb 24, 2025After close$1.31$1.41+7.6%-8.48%-10.14%
Nov 25, 2024After close$1.31$1.38+5.3%-6.31%-7.12%
Aug 21, 2024After close$1.22$1.39+13.9%+12.97%+18.41%
May 20, 2024After close$1.19$1.35+13.4%-0.36%-2.61%
Feb 26, 2024After close$1.15$1.42+23.5%+8.00%+12.06%
Nov 20, 2023After close$1.08$1.29+19.4%-0.09%-2.23%

Consensus for the next report: EPS $1.53, revenue $1.32B.

ZM Earnings FAQ

Answers computed from Zoom Communications, Inc.'s reported history

ZM is scheduled to report on Nov 23, 2026, after the market closes. Analysts expect EPS of $1.53.

Over the last 10 quarters with a usable EPS surprise, ZM beat the consensus estimate 10 times (100%), missed 0 and landed in line 0. It has beaten estimates in each of the last 10 counted quarters. 2 quarters where our data sources disagree on beat versus miss are shown but not counted.

Across its last 12 quarters with a measured reaction, ZM moved an average of ±7.2% in the first session after reporting. It closed higher 42% of the time; the largest gain was 13.0% and the largest drop -11.6%.

ZM fell in the first session after 6 of its last 10 EPS beats (60%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 5 of the 6 of those falls where price data is available, the stock had already risen before the report.

Across its last 12 quarters with price data, ZM moved an average of +3.7% in the 20 trading sessions before reporting and was higher in 67% of them. After a run-up of 3% or more (7 quarters), it fell the next day 71% of the time, averaging +1.2%. After a drop of 3% or more (4 quarters), it rose the next day 75% of the time, averaging +4.7%. This describes past reports; it is not a forecast.

In 12 reports ZM opened at least 1% away from the previous close. It gave back half or more of that gap by the close 3 of 12 times (25%), and fully reversed 0 times. A fade means the opening move was partly undone during the first session.

How we calculate these numbers

Reported EPS and estimates come from Yahoo Finance; report times, upcoming dates and revenue come from Finnhub. The 1-day move is the close-to-close change over the first session that reflects the report (the report-day close for after-close reports, the prior close for pre-market reports); reactions are left blank when the report time is unknown or looks inconsistent. The expected move is the price of the nearest at-the-money straddle that expires after the report divided by the share price, shown only when the quotes are liquid. Quarters where the two data sources disagree on beat versus miss are shown but never counted. Information only, not investment advice.