ZUO - Zuora Q3 2022 Earnings Preview: What to Look Out for

Zuora (NYSE:ZUO) is scheduled to announce Q3 earnings results on Wednesday, December 1st, after market close. The consensus EPS Estimate is -$0.03 (-200.0% Y/Y) and the consensus Revenue Estimate is $86.54M (+12.0% Y/Y). Over the last 2 years, ZUO has beaten EPS estimates 88% of the time and has beaten revenue estimates 88% of the time. The stock was relatively flat at 0.18% following Q2 earnings release on Aug.25. Q2 highlights: Revenue of $86.49M (+15.3% Y/Y) beats by $3.08M. Customers with ACV equal to or greater than $100,000 were 694, which represents 8% year-over-year growth. Dollar-based retention rate was 108%, compared to 99% as of July 31, 2020. Customer usage of Zuora solutions grew, with $18.0 billion in transaction volume through Zuora’s billing platform during our second quarter, an increase of 42% year-over-year. YTD the company's shares have gained more than 43.07% in value. The SA Quant rating on ZUO is Neutral, while the Wall St. average rating is Bullish.

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Zuora Q3 2022 Earnings Preview: What to Look Out for