Zuora (NYSE:ZUO) is scheduled to post its quarterly earnings results after the market closes on Thursday, November 29th. Analysts expect Zuora to post earnings of ($0.16) per share for the quarter. Zuora has set its Q3 guidance at ($0.14-0.13) EPS and its FY19 guidance at ($0.61-0.59) EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Zuora (NYSE:ZUO) last issued its quarterly earnings data on Thursday, August 30th. The company reported ($0.13) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.16) by $0.03. The firm had revenue of $57.75 million during the quarter, compared to analysts’ expectations of $54.00 million. On average, analysts expect Zuora to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of NYSE ZUO opened at $17.66 on Thursday. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.07. Zuora has a twelve month low of $16.00 and a twelve month high of $37.78.

In related news, Director Michelangelo Volpi sold 28,780 shares of the company’s stock in a transaction on Wednesday, September 5th. The stock was sold at an average price of $26.30, for a total transaction of $756,914.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Tyler Sloat sold 344,009 shares of the company’s stock in a transaction on Wednesday, September 5th. The stock was sold at an average price of $25.81, for a total value of $8,878,872.29. The disclosure for this sale can be found here. In the last three months, insiders sold 579,238 shares of company stock worth $14,222,367.

A number of research analysts have recently issued reports on ZUO shares. Morgan Stanley dropped their target price on Zuora from $26.00 to $24.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 23rd. Zacks Investment Research lowered Zuora from a “buy” rating to a “hold” rating in a report on Wednesday, August 1st. FBN Securities started coverage on Zuora in a report on Tuesday, October 16th. They issued an “outperform” rating on the stock. Canaccord Genuity boosted their target price on Zuora from $26.00 to $28.00 and gave the company a “hold” rating in a report on Friday, August 31st. Finally, Jefferies Financial Group boosted their target price on Zuora to $35.00 and gave the company a “buy” rating in a report on Friday, August 31st. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $28.83.

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About Zuora

Zuora, Inc provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The company offers Zuora Central platform that acts as an intelligent subscription management hub that automates the subscription order-to-cash process, including quoting, billing, collections, analytics, and revenue recognition.

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