RingCentral (RNG) to Report Q1 Earnings: What s in Store? Zacks.com 8 hrs ago
RingCentral RNG is set to release first-quarter 2021 results on May 4.
For the quarter, the company expects revenues between $337 million and $340 million, indicating year-over-year growth of 26-27%.
The Zacks Consensus Estimate for revenues currently stands at $339.7 million, indicating growth of 26.9% from the year-ago reported figure.
Moreover, RingCentral expects earnings between 24 cents and 25 cents per share.
The consensus mark for earnings has moved up 4.2% to 25 cents per share over the past 30 days, indicating growth of 35% year over year
Notably, its earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, with the average being 10.3%.
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