Back to News
Aug 19, 2024 10:40 AM

Palo Alto Networks Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Palo Alto Networks, Inc. (NASDAQ:PANW) is expected to release earnings results for its fourth quarter, after the closing bell on Monday, Aug. 19.

Analysts expect the Santa Clara, California-based company to report quarterly earnings at $1.41 per share, down from $1.44 per share in the year-ago period. Palo Alto is projected to report quarterly revenue of $2.16 billion, compared to $1.95 billion a year earlier, according to data from Benzinga Pro.

On May 20, Palo Alto Networks reported quarterly earnings of $1.32 per share which beat the analyst consensus estimate of $1.25 per share.

Palo Alto shares fell 2.7% to close at $334.11 on Friday.

Benzinga readers can access the latest analyst ratings on ...