Are you waiting for ZM's earnings report? Let's take a closer look at the stock.

We're just a few days out from Zoom Video Communications Cl A (ZM) reporting earnings. Lets take a look at how the stock is doing.

Analysts think Zoom Video Communications Cl A will clock in with an EPS (earnings per share) of around $0.93, GAAP of $0.37, on Revenue of $1.12B. Over the last 90 days, analysts have lowered estimates 1 time and raised them 21 times.

If you're a bull you'll primarily care about three things. The first is that the reported EPS beat analysts estimates. The second is that the beat is on higher than expected revenues. Third, that the company guides analysts to robust growth going forward. If all check out, the stock should react accordingly.

ZM bears will be listening for news that the company underperformed the analysts' estimates. After that they'll want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters

If you haven't traded too many earnings reports, it's important to be aware that a stock's price movement can be caused by a change in the analysts' estimates based on the Q&A from the conference call with management discussing the earnings report. As you see more of these reports, your ability to recognize changes in investor sentiment will improve.

Share price moves can have an impact on existing shareholder sentiment. As of August 14 shares of ZM are trading at $109.52. Over the last 52-week period, the price is down -69.4%.