ZETA Global Holdings Corp. (ZETA) Stock Surges Amid Earnings Expectations
Zeta Global's share price surged by 4.34 percent on Monday to reach $21.63, driven by investors' anticipation of the company's upcoming earnings report. The stock is expected to announce its fourth-quarter earnings results after market close on February 25, with analysts expecting a 35.3-percent rise in earnings per share. Zeta Global's revenue is also expected to grow 40.3 percent year-on-year, with the consensus estimate pegged at $295 million.
- The significant price movement of Zeta Global's stock may indicate that investors are betting on the company's ability to deliver strong earnings and revenue growth, potentially signaling a shift in market sentiment towards more optimistic views on the tech sector.
- Will the actual earnings report meet or exceed analysts' expectations, and how will it impact the stock's performance in the coming weeks and months?